Participant schools include usual suspects such as the multi-campus INSEAD and National University of Singapore's NUS Business School, both of which already have partnerships with other elite business schools.

WSJ: Business School Bulletin: What's News from B-Schools

Singapore Prime Minister Lee Hsien Loong, in a speech at Yale-NUS's launch last year, labeled the collaboration a "complicated project" because of "differences in social and political contexts" but said the city-state is constantly seeking to change and evolve.

WSJ: Yale's Singapore Joint Venture Taps a President

The SNP said Mr Moxham's comments echoed concerns expressed by other organisatiions, including NUS Scotland and Age Scotland, about Labour's new position on universal benefits.

BBC: Margaret Curran