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IMF Staff Discussion Note, No: 15/12

by International Monetary Fund

A report from the International Monetary Fund.

Finanzas & Desarrollo

by International Monetary Fund

'Crisis Shakes Europe: Stark Choices Ahead' looks at the harsh toll of the crisis on both Europe's advanced and emerging economies because of the global nature of the shocks that have hit both the financial sector and the real economy, and because of Europe's strong regional and global trade links. Marek Belka, Director of the IMF's European Department, writes in our lead article that beyond the immediate need for crisis management, Europe must revisit the frameworks on which the European Union is based because many have been revealed to be flawed or missing. But in many respects, one key European institution has proved its mettle--the euro. Both Charles Wyplosz and Barry Eichengreen discuss the future of the common currency. Also in this issue, IMF economists rank the current recession as the most severe in the postwar period; John Lipsky, the Fund's First Deputy Managing Director, examines the IMF's role in a postcrisis world; and Giovanni Dell'Ariccia assesses what we have learned about how to manage asset price booms to prevent the bust that has caused such havoc. In addition, we talk to Oxford economist Paul Collier about how to help low-income countries during the current crisis, while Donald Kaberuka, President of the African Development Bank, writes about how African policymakers can prepare to take advantage of a global economic recovery. 'Picture This' looks at what happens when aggressive monetary policy combats a crisis; 'Back to Basics' gives a primer on fiscal policy; and 'Data Spotlight' takes a look at the recent large swings in commodity prices.

Finanzas & Desarrollo

by International Monetary Fund

Young people, hardest hit by the global economic downturn, are speaking out and demanding change. F&D looks at the need to urgently address the challenges facing youth and create opportunities for them. Harvard professor David Bloom lays out the scope of the problem and emphasizes the importance of listening to young people in "Youth in the Balance. " "Making the Grade" looks at how to teach today's young people what they need to get jobs. IMF Deputy Managing Director, Nemat Shafik shares her take on the social and economic consequences of youth unemployment in our "Straight Talk" column. "Scarred Generation" looks at the effects the global economic crisis had on young workers in advanced economies, and we hear directly from young people across the globe in "Voices of Youth. " Renminbi's rise, financial system regulation, and boosting GDP by empowering women. Also in the magazine, we examine the rise of the Chinese currency, look at the role of the credit rating agencies, discuss how to boost the empowerment of women, and present our primer on macroprudential regulation, seen as increasingly important to financial stability. People in economics - C. Fred Bergsten, American Globalist Back to basics - The multi-dimensional role of banks in our financial systems.

Finances & Développement

by Fonds monétaire international

A report from the International Monetary Fund.

Finances & Développement

by International Monetary Fund

A report from the International Monetary Fund.

Her Brother's Keeper

by Beth Wiseman

Charlotte came to Amish country to find answers. What she never expected to find was peace. Charlotte Dolinsky is not above playing dress-up and telling a few lies to find out what happened to her only brother. In fact, that is exactly what she's come to Lancaster County to do. Now, calling herself Mary and slipping on a kapp, Charlotte will lie her way into the confidence of anyone who knows why Ethan had to die. Unless she gets found out first. But when Charlotte befriends a quiet Amish man named Isaac Miller, she begins to rethink her motives. And with a little help from a friend back home, Charlotte might find out that love comes packaged in ways she couldn't have foreseen. Isaac's been caring for his cancer-stricken father and sympathizing with his frustrated mother for three difficult years. And that means he hasn't been dating. He believes Hannah King is the woman for him, but Hannah is still grieving the loss of her fiancé, and Isaac has all he can handle on the farm. When Hannah's family plays host to a woman named Mary, their new cousin shakes things up for all of them. As Charlotte digs deeper into the mystery of Ethan's death, she finds more than she'd bargained for in the community he once called home. But will she ever learn the truth? And what will the community--and her new family--do if they learn the truth about her?

The Years

by Virginia Woolf

2013 Reprint of 1947 Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. "The Years" was published in 1937 and is the last book she published in her lifetime. It traces the history of the genteel Pargiter family from the 1880s to the "present day" of the mid-1930s. "Mrs. Woolf's novel, her first since "The Waves" of 1931, is rich and lovely with the poetry of life. It might be called a chronicle novel, since it begins in 1880 and ends in the present day, or a "family" novel, since it narrates the fortunes of the large and representative Pargiter family. But it eludes both classifications. Though the founder of the present family, old Colonel Pargiter, who lost two fingers in the Indian Mutiny--is, in habit and class, a bit of a Forsyte, there is nothing of the careful solidity of Galsworthy's saga, with its verifiable genealogy, interludes and corroborative detail. "The Years" neither retreat into history nor knock at the future. They are there as something done, and something still existing, as Martin picking up his cousin Sally from St. Paul's and carrying her off to lunch at a City chop house, and then to a famous walk to the Serpentine; or Eleanor, the best prototype of Mrs. Woolf's Betty Flanders, Mrs. Dalloway and Mrs. Ramsay, picking out absent-mindedly her sisters and cousins, her nieces and nephews, taking her pleasure from them as human beings of bright and various discrepancies and compensations; or Peggy wondering if they are all they are said to be; or Nicholas, who, at the end of the party, makes no peroration, because, as he says, there had been no speech--so there they are, without peroration, or propaganda, or even perspective, exactly and minutely as they lived, a family through fifty-odd years from 1880 to 1930, delighting, in spite of their years and the wars and their attendant worries, in being alive and feeling the new warmth of fresh family life around it. Lovely as "The Waves" was, "The Years" goes far behind and beyond it, giving its characters a local habitation and a name, and expressing Mrs. Woolf's purpose in the novel more richly than it has ever been done before. "-- Peter Monro Jack New York Times, 1937]

The Yellow Wallpaper

by Charlotte Perkins Gilman

Charlotte Perkins Gilman's 1892 short story, the Yellow Wallpaper is a valuable piece of American feminist literature that reveals attitudes toward the psychological health of women in the nineteenth century. Diagnosed with temporary nervous depression - a slight hysterical tendency by her physician husband, a woman is confined to an upstairs bedroom. Descending into psychosis at the complete lack of stimulation, she starts obsessing over the room's yellow wallpaper: It is the strangest yellow, that wall-paper! It makes me think of all the yellow things I ever saw - not beautiful ones like buttercups, but old foul, bad yellow things. But there is something else about that paper - the smell! . . . The only thing I can think of that it is like is the color of the paper! A yellow smell.

The Wizard of Oz

by Frank Baum

L. Frank Baum's classic tale of Dorothy, retold for a younger readers Dorothy is a young girl who lives with her aunt and uncle on a farm in Kansas. She and her dog, Toto, are picked up by a sudden tornado and whisked far away, over the rainbow, to the strange magical land of Oz. How will they ever get home? And what is at the end of the yellow brick road? Plucky Dorothy and Toto embark on a magical adventure to search for the Wizard of Oz, and along the way encounter the Tin Woodman, the Scarecrow, and the Cowardly Lion This retelling has been shortened and illustrated for younger readers.


by A. A. Milne

Come with us to an enchanted place, a forest where Winnie the Pooh lives with Piglet, Rabbit, Owl, Eeyore, Kanga, and Little Roo. These stories are about Christopher Robin and his good companions having wonderful times getting in and out of trouble. It is all very exciting and really quite thrilling - no matter how young or old you may be. . .

Windward Heights

by Maryse Conde

Prizewinning writer Maryse Condé reimagines Emily Brontë's passionate novel as a tale of obsessive love between the "African" Razyé and Cathy, the mulatto daughter of the man who takes Razyé in and raises him, but whose treatment goads him into rebellious flight. Retaining the emotional power of the original, Condé shows the Caribbean society in the wake of emancipation.

The Wind in the Willows

by Kenneth Grahame

lThe day that Mole abandons his spring-cleaning and sets out to enjoy the sunshine is the start of many adventures. Not only does he discover the river and the joys of messing around in boats, but he also makes lifelong friends with Rat, Badger and the eccentric and incorrigible Toad.

Uncle Sam and You Part 2

by Charlene Notgrass Bethany Poore Ray Notgrass Mary Evelyn Mccurdy

Uncle Sam and You is a one-year civics and government course for students in grades 5-8. Daily lessons teach your child about the foundations of American government, the elections process, and how Federal, state, and local governments work.

The Global Justice Reader

by Thom Brooks

The Global Justice Reader is a first-of-its kind collection that brings together key foundational and contemporary writings on this important topic in moral and political philosophy. Offers a brief introduction followed by important readings on subjects ranging from sovereignty, human rights, and nationalism to global poverty, terrorism, and international environmental justice. Presents the writings of key figures in the field, including Thomas Hobbes, Immanuel Kant, John Rawls, Thomas Pogge, Peter Singer, and many others.

William Tecumseh Sherman: Memoirs of W. T. Sherman (The Library of America)

by William Tecumseh Sherman

Hailed as prophet of modern war and condemned as a harbinger of modern barbarism, William Tecumseh Sherman is the most controversial general of the American Civil War. "War is cruelty, and you cannot refine it," he wrote in fury to the Confederate mayor of Atlanta, and his memoir is filled with dozens of such wartime exchanges. With the propulsive energy and intelligence that marked his campaigns, Sherman describes striking incidents and anecdotes and collects dozens of his incisive and often outspoken wartime orders and reports. This complex self-portrait of an innovative and relentless American warrior provides firsthand accounts of the war's crucial events--Shiloh, Vicksburg, Chattanooga, the Atlanta campaign, the marches through Georgia and the Carolinas.


by Geoff Smart Randy Street

In this instant New York Times Bestseller, Geoff Smart and Randy Street provide a simple, practical, and effective solution to what The Economist calls "the single biggest problem in business today": unsuccessful hiring. The average hiring mistake costs a company $1.5 million or more a year and countless wasted hours. This statistic becomes even more startling when you consider that the typical hiring success rate of managers is only 50 percent. The silver lining is that "who" problems are easily preventable. Based on more than 1,300 hours of interviews with more than 20 billionaires and 300 CEOs, Who presents Smart and Street's A Method for Hiring. Refined through the largest research study of its kind ever undertaken, the A Method stresses fundamental elements that anyone can implement-and it has a 90 percent success rate.Whether you're a member of a board of directors looking for a new CEO, the owner of a small business searching for the right people to make your company grow, or a parent in need of a new babysitter, it's all about Who. Inside you'll learn how to* avoid common "voodoo hiring" methods* define the outcomes you seek* generate a flow of A Players to your team-by implementing the #1 tactic used by successful businesspeople* ask the right interview questions to dramatically improve your ability to quickly distinguish an A Player from a B or C candidate* attract the person you want to hire, by emphasizing the points the candidate cares about mostIn business, you are who you hire. In Who, Geoff Smart and Randy Street offer simple, easy-to-follow steps that will put the right people in place for optimal success.From the Hardcover edition.

When Stereotype Meets Prejudice

by Timofey Agarin

Antiziganism is a widespread phenomenon in all European societies. Poor or rich, 'postcommunist' or 'traditional', North or South, with 'lean' or 'thick' welfare systems-all European societies demonstrate antiziganist prejudice. All across Europe Romanis are among the poorest, most destitute, and most excluded communities. Widespread prejudice and stereotypical representations of Romani individuals limit their chances for participation in democratic decision making processes and their access to services. Unable to counteract majority stereotypes systematically, more often than not they remain on the fringes of society. This edited volume asks where these stereotypes and prejudices come from, why they are ubiquitous to all societies, and how pertinent their impact on antiziganist attitudes found in European societies really is.

When We Were Very Young

by A. A. Milne

"When We Were Very Young" and "Now We Are Six" complete the four-volume set of deluxe editions of the Milne and Shepard classic works. Like their companions, the "Winnie-the-Pooh 80th Anniversary Edition/i> and "The House At Pooh Corner," these beautiful books feature a ribbon bookmark, a specially designed jacket with metallic ink and a peep-through window to the fullcolor case, and full-color artwork on cream-colored stock. The imaginative charm that has made Pooh the world's most famous bear pervades the pages of Milne's poetry, and Ernest H. Shepard's witty and loving illustrations enhance these truly delightful gift editions.

Warrior's Prize

by Georgina Gentry

A LOVE WORTH FIGHTING FOR. . .Her Arapabo name is Singing Wind but no one at the Boston ladies' academy knows of Wannie's Indian ancestry. Pretending to be Spanish royalty, she has concealed her past behind fine clothes and elegant manners. Now she returns to Colorado with the fiancé, a wealthy businessman who wants to invest in land and gold. Waiting there is Keso. Once a Denver street urchin, this full-blooded Indian has loved only one woman all his life-Singing Wind. In his pocket is the ring he bought for her; in his heart burns a passion no other man can match. And ahead lies a dangerous trek into the Colorado mountains. . .where the Ute tribe faces the last great Indian uprising. . .where nature's fury strips a man to his very soul. . .and where a woman called Singing Wind is taken hostage by the magnificent warrior who dares to battle for her body, her heart, and her precious love.

When Joss Met Matt

by Ellie Cahill

In the tradition of New Adult superstar Jessica Sorensen, Ellie Cahill's debut novel is a charming friends-with-benefits story . . . with a twist! What if after every bad breakup, there was someone to help "cleanse your palate"--someone who wouldn't judge you, who was great in bed, someone you were sure not to fall in love with? "Sorbet sex" could solve everything--as long as it never got too sweet. Joss and Matt have been friends since freshman year of college, meeting one night after Joss is dumped by her boyfriend. After a few drinks, Matt humors her with a proposition: that he'll become her go-to guy whenever she needs to heal a broken heart. In return, she'll do the same for him. The #1 Rule: They'll never fall in love with each other. People scoff at the arrangement. But six years later, Joss and Matt are still the best of friends . . . with benefits. Through a string of boyfriends and girlfriends--some almost perfect, some downright wrong--Joss and Matt are always there for each other when the going gets tough. No strings. No attachments. Piece of cake. No problem. After all, since they wrote the rules, surely they can play by them. Or can they?Advance praise for When Joss Met Matt "Hands down, one of my favorite New Adult reads . . . Ellie Cahill is definitely one to watch!"--New York Times bestselling author Cora Carmack "This is one of those books that make you forget everything around you. Prepare to be consumed by this story."--Sophie Jordan, New York Times bestselling author of Wild "Fun, sexy, and full of amazing chemistry, When Joss Met Matt is an entertaining escape that will leave you smiling with every turn of the page."--Cassie Mae, author of The Real ThingFrom the Trade Paperback edition.

The Waves

by Virginia Woolf

The most radically original book from one of the modernist movement's greatest writers. The Waves follows the lives of seven people from childhood to adulthood, exploring questions of self, of consciousness, and of masculinity and femininity. It is exclusively told through long soliloquies by six of the characters, an entirely original approach to narrative that highlights Virginia Woolf's bottomless innovative capacity. Penguin Random House Canada is proud to bring you classic works of literature in e-book form, with the highest quality production values. Find more today and rediscover books you never knew you loved.

When Darkness Ends

by Alexandra Ivy

The Guardians of Eternity are facing a final battle to save their world--but battles of the heart may be the most difficult to fight...Cyn, the vampire clan chief of Ireland, is an unabashed hedonist whose beauty is surpassed only by his insatiable appetite for pleasure. It's no wonder he's furious when he's transported from the magical land of the pureblooded feys to his desolate medieval castle--only to have his very existence thrown into a chaos that even he cannot charm his way out of... Most women may be all but powerless against Cyn, but Fallon, a sharp-witted fairy princess, is less than beguiled by the silver-tongued vampire. She's a serious soul with no time for the sort of games he plays--especially when they learn that someone is trying to close the veil that separates the dimensions. But seduction may prove the most powerful force of all, as attraction ignites between the unlikely pair even as worlds are colliding around them...

Ulysses S. Grant: Memoirs & Selected Letters

by Ulysses S. Grant

Twenty years after Appomattox, stricken by cancer and facing financial ruin, Ulysses S. Grant wrote his Personal Memoirs to secure his family's future. in doing so, the Civil War's greatest general won himself a unique place in American letters. His character, intelligence, sense of purpose, and simple compassion are evident throughout this vivid and deeply moving account, which has been acclaimed by readers as diverse asMark Twain, Matthew Arnold, Gertrude Stein, and Edmund Wilson. Annotated and complete with detailed maps, battle plans, and facsimiles reproduced from the original edition, this volume offers an unparalleled vantage on the most terrible, moving, and inexhaustibly fascinating event in American history. included are 174 letters, many of them to his wife, Julia, which offer an intimate view of their affectionate and enduring marriage.

The Voyage Out

by Virginia Woolf

The first book by one of the most accomplished novelists of the 20th Century. The Voyage Out tells the story of Rachel Vinrace, a young woman on a boat trip from England to South America. Her journey across the ocean is mirrored by a psuedo-mythological journey of self-discovery. It features Clarissa Dalloway, who Woolf would later feature as the protagonist of Mrs. Dalloway. Penguin Random House Canada is proud to bring you classic works of literature in e-book form, with the highest quality production values. Find more today and rediscover books you never knew you loved.

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