Globalisation, with all its varying facets, has forced education systems around the world to look for ways and means whereby they can operate productively and progressively within a global education agenda. This paper espouses a Caribbean perspective. It takes two themes that intercept on global levels -- Henry's (2012) 'internationalisation spirit' and George and Lewis' (2011) 'creation of a third space' -- and analyses them against the backdrop of tertiary educational activities in global, regional and local contexts. A review of related literature is used for this purpose. The main aim of the paper is to explore the likelihood of tertiary education at the University of the West Indies (UWI) making educational gains in 'a third space' where the principles of internationalisation, regionalisation and localisation cohabit. Initial impressions from the analysis shows that different types of relationships exists between the interacting elements and that the resulting dialectics are just as useful for tertiary education advancement, as the mutual alliances. [For the complete Volume 12 proceedings, see ED597979.]