I analyze empirically whether program size (the size of financial assistance) and policy adjustment matter for the success of IMF-supported programs. I define a program as successful if the initial program projections for net private capital flows are met or exceeded. I find that success is negatively associated with the size of financial assistance, especially in countries with market access, and that projection biases binding constraints on the amount of IMF lending may account for this association. Moreover, policy adjustment seems to have a causal positive effect on the likelihood of program success.
From a master of contemporary fiction, a tale of bohemian youth on the make in Mexico City Two young poets, Jan and Remo, find themselves adrift in Mexico City. Obsessed with poetry, and, above all, with science fiction, they are eager to forge a life in the literary world--or sacrifice themselves to it. Roberto Bolaño's The Spirit of Science Fiction is a story of youth hungry for revolution, notoriety, and sexual adventure, as they work to construct a reality out of the fragments of their dreams. But as close as these friends are, the city tugs them in opposite directions. Jan withdraws from the world, shutting himself in their shared rooftop apartment where he feverishly composes fan letters to the stars of science fiction and dreams of cosmonauts and Nazis. Meanwhile, Remo runs headfirst into the future, spending his days and nights with a circle of wild young writers, seeking pleasure in the city's labyrinthine streets, rundown cafés, and murky bathhouses. This kaleidoscopic work of strange and tender beauty is a fitting introduction for readers uninitiated into the thrills of Roberto Bolaño's fiction, and an indispensable addition to an ecstatic and transgressive body of work.
This book represents research conducted over a two-year period on the politico-diplomatic relations between Italy and the United States in the mid-Sixties and Seventies. Based on conspicuous archival materials from Italian, American and British sources, and on a great amount of secondary literature, it traces an accurate panorama of the Italian political, social and diplomatic developments – from the student and worker protests of 1968, to the killing of Aldo Moro in 1978; from the behind-the-scenes bargains between parties, to the fear of the Communist Party’s growth – during the Premiership of the conservative Christian Democrat, Mariano Rumor (1915–1990). The volume includes an innovative comparison between Rumor’s basic choices of foreign policy and those of the duo Nixon and Kissinger. From here arises the book’s title, where the ‘dove’ is represented by Rumor, a fervent Catholic, a firm anti-Communist, a reliable Atlantist and an indefatigable Europeanist; while the ‘eagle’ is embodied by the Republican Administrations of Richard Nixon and Gerald Ford.
An interior look at Roberto Calasso's work as a publisher and his reflections on the art of book publishing In this fascinating memoir, the author and publisher Roberto Calasso meditates on the art of book publishing. Recalling the beginnings of Adelphi in the 1960s, he touches on the Italian house's defining qualities, including the considerations involved in designing the successful Biblioteca series and the strategy for publishing a wide range of authors of high literary quality, as well as the historic critical edition of the works of Nietzsche. With his signature erudition and polemical flair, Calasso transcends Adelphi to look at the publishing industry as a whole, from the essential importance of graphics, jackets, and cover flaps to the consequences of universal digitization. And he outlines what he describes as the "most hazardous and ambitious" profile of what a publishing house can be: a book comprising many books, a form in which "all the books published by a certain publisher could be seen as links in a single chain"—a conception akin to that of other twentieth-century publishers, from Giulio Einaudi to Roger Straus, of whom the book offers brief portraits. An essential book for writers, readers, and editors, The Art of the Publisher is a tribute to the elusive yet profoundly relevant art of making books.
A purely political framework does not capture the complexity of the culture behind Italians’ struggle for liberty and independence during the Risorgimento (1815-1861). Roberto Romani identifies the sensibilities associated with each of the two main political programmes, Mazzini’s republicanism and moderatism, which in fact were comprehensive projects for a political, moral, and religious resurgence. The moderates’ espousal of reason entailed an ideal personality expressed by private virtue, self-possession, and a public morality informed by Catholicism, while Mazzini’s advocacy of passions led to ‘enthusiasm’ and a total commitment to the cause. Romani demonstrates that the patriots’ moral quest rested on a thick cultural bedrock, dating back to Stoicism and the Catholic Aufklärung, and passing through Rousseau and the Revolution.
Es una Novela Negra sobre el narcotrafico en México, Narrando la historia del Càrtel de Culiacàn con los lideres Joaquin El Chapo Guzmán e Ismael El Mayo Zambada. Thomas un joven capo del Càrtel de Culiacàn avanza en la escalera mafiosa, arremangando enemigos y tumbando panteras. Con Charola de Maldito inicia su propia operacion, bajo la sombra de Guzmán y del MZ, cruzando droga desde Colombia hasta los Estados Unidos de Norteamérica. Operando siempre a la moda, con su cuerno terciado en el lomo, teniendo como Socio a Melesio, y como escolta personal a Pako y sus Kaibiles y a Yiyo y sus Ángeles de la Muerte. Toda similitud con la realidad es mera coincidencia.
Marco Ferreri (1928-1997) was one of Italian cinema's boldest auteurs. A maverick personality, he worked with some of the most popular actors of the time (Marcello Mastroianni, Michel Piccoli, Catherine Deneuve, Gerard Depardieu, Ugo Tognazzi, Carroll Baker, Roberto Benigni, Isabelle Huppert, Christopher Lambert and others), and directed internationally acclaimed films. His filmography includes The Conjugal Bed (1963), The Ape Woman (1964), Dillinger Is Dead (1969), the scandalous La Grande Bouffe (1973), the absurdist western Don't Touch the White Woman! (1974), The Last Woman (1976), Bye Bye Monkey (1978) and the Charles Bukowski adaptation Tales of Ordinary Madness (1981). Ferreri's cinema dealt in highly original ways with contemporary issues: the crisis of marriage, relationships between sexes, consumerism, and political disillusionment. His films were controversial and confronted censorship issues, leading to Ferreri's fame as a master provocateur. This book examines Marco Ferreri's life and career, placing his work within the social and political context of postwar Italian culture, politics, and cinema. It includes a detailed production history and critical analysis of his films, with never-before-seen bits of information recovered from Italian ministerial archives and in-depth discussion of the director's unfilmed projects.
Knots like Stars: The ABCs of the Ecological Imagination in Our Americas is an encyclopedia of essays and aphorisms, at times personal, at times speculative and analytical, that invites readers to understand and enjoy an ecological perspective on Latin American literature and arts. It is simultaneously a summons to join creative forces with the non-human world. Through 43 key, interdependent entries from diverse environmental traditions, writing becomes a meditation on the poetry, films, and visual artistic traditions that sustain life, while opposing the actual destruction of Mesoamerican, Andean, and Amazonian biodiversity. The book will appeal to all people wanting to understand how poetic, artistic, and critical endeavors can enrich, rather than impoverish, the imperiled world around us. Since the Hispanic population and influence have increased dramatically in recent years, a better understanding of the complexity of this diverse culture will be an important asset for a sustainable and more interconnected future. This book invites its readers to expand their horizons and enjoy connections in order to build a sustainable community by integrating ecological perspectives in literature, film, and other arts.
31 January 1941:The tide of the Desert War in North Africa has turned against Italy, which has attacked British-occupied Egypt. The Italian northern front has collapsed and their army is in full retreat west towards Tripoli. Meanwhile in the far south among some isolated hills, two small mobile Special Forces units of the belligerent nations, the Compagnia Autosahariana di Cufra and T Patrol of the Long Range Desert Group, clash. This story was to become known as the incident at Jebel Sherif. 26 November 2006: After a long journey from the north, another small group rediscovers the same hills. This is the story of the incident at Jebel Sherif. For the first time, all available reports and accounts have been gathered and evaluated. An interview with a NZ veteran and the assistance of the LRDG Patrol Commander's son, together with two recent visits to the location, have allowed the authors to draw the most probable conclusions about the sequence of events. The book provides not only full details about the incident at Jebel Sherif, but also contains a dramatic account of the desert journey to and from this very remote location. This book is intended as a memorial to those - of any nation - who suffered and lost their lives during the years of the colonial occupation of Libya, the Second World War and all the conflicts that followed."--Publisher's description.
Motivated by recent bursts of global financial market turbulence, this paper investigates the linkages between the financial markets in the United States and those of the seven largest Latin American economies, focusing on the impact of shocks originating in the U.S. stock, bond, and currency markets. After documenting that cross-country linkages were different in "tranquil" and "turbulent" times within our sample, we find that: (i) for stock markets, recent episodes of market turbulence stood out from preceding ones as they showed an increased sensitivity of Latin American markets to U.S. shocks, reversing a trend of weakening linkages; (ii) currency markets in Latin America exhibited a decrease in cross-market linkages with the U.S. during the last episodes of volatility, consistent with increased exchange rate flexibility in the region; and (iii) the external bond markets in Latin America remained on a trend of weakening linkages with U.S. corporate bonds, while they increased their sensitivity to movements in other emerging market bond markets.
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