The objectives of this study were to: (1) document government and HE (higher education) sector responses to the recession within a select number of key countries which compete with the UK; and (2) compare these responses and analyse them by theme to draw out any common patterns. The focus of the work was to find, where possible, an evidence base that enables genuine like-for-like comparison, and to provide a high-level commentary and analysis on general country responses. The report begins by describing the impact of the global economic crisis on different regions, and how countries around the world have responded, particularly in reference to spending on HE. The focus then turns to the impact of changes to public spending on the sector itself, examining changes to patterns of demand and supply in specific countries, as well as the impact on research, particular subject areas and access. Finally, how universities have responded to the changed environment is investigated, including attempts to reduce costs and diversify income. Interview list is appended. (Contains 5 figures and 9 endnotes.) [This paper has been prepared by Pricewaterhouse Coopers (PwC).]