The book covers an assessment of the five OECD countries (Australia, Denmark, Sweden, New Zealand and United Kingdom) where Performance-Based Funding Models are adopted in the tertiary education sector. It further highlights the difficulties that Small Island Developing States (SIDS) would face in developing and implementing PBF systems for tertiary education in the short-term. The book also incorporates the policy options which are considered for enhancing research and teaching for SIDS and the possibility of developing a PBF research indicator model, provided some key preconditions are met. Finally, it concludes there is no ?perfect? PBF model and unintended consequences are likely from any model adopted.