The COVID-19 pandemic placed unprecedented strain on the global financial system. We describe how the Bank of Canada responded to the rapidly deteriorating liquidity in core Canadian fixed-income markets. We also describe how market functioning improved after the Bank intervened. The Bank...

Hospitals are the most expensive component of OECD health care systems, accounting for around one third of total health care expenditure. Given growing pressures on government budgets, this is an area of expenditure that has already been, and will continue to be, thoroughly scrutinised for...

The System of Health Accounts (SHA) proposes an integrated system of comprehensive and internationally comparable accounts for reporting health expenditure data. In this paper, we analyse key results from the first joint collection of health accounts data by the OECD, Eurostats and WHO which was...