  Given a complex manifold $X$, a normal crossing divisor $D\subset X$ whose
irreducible components $D_1,...,D_s$ are smooth, and a choice of natural
numbers $r=(r_1,...,r_s)$, we construct a manifold $X(D,\ur)$ with an action of
a torus $\Gamma$ and we prove that some full subcategory of the category of
$\Gamma$-equivariant vector bundles on $X(D,r)$ is equivalent to the category
of parabolic vector bundles on $(X,D)$ in which the lengths of the filtrations
over each irreducible component of $X$ are given by $r$. When $X$ is Kaehler,
we study the Kaehler cone of $X(D,r)$ and the relation between the
corresponding notions of slope-stability.
