This chapter considers whether public policies impinge on the values of education by focusing on the experience of three Southern Cone countries: Argentina, Brazil and Chile. It first provides an overview of some theoretical arguments underpinning the impact of public policy on the instrumental values of education before discussing educational development in Argentina, Brazil and Chile. It then analyses the interrelationships between education and social, employment, urban and language policies. It also looks at the link between education and poverty alleviation in the three countries and concludes by outlining more concrete indications of the current challenges to the global governance of education. While prosperity and welfare expansion appear to have had a positive effect on the educational development of Argentina, Brazil and Chile, a number of contradictions has also consolidated inequality.