Part I - Capital Mobility to Developing Countries: Theoretical Aspects
1. Contagion, Globalization and the Volatility of Capital Flows
Guillermo A. Calvo and Enrique G. Mendoza
Comment: Rudiger Dornbusch
2. Fire-Sale FDI
Paul Krugman
3. Capital Flows to Emerging Markets: Liberalization, Overshooting, and Volatility
Philippe Bacchetta and Eric van Wincoop
Comment: Carmen M. Reinhart
Part II - Cross-Country Evidence
4. What Explains Changing Spreads on Emerging-Market Debt?
Barry Eichengreen and Ashoka Mody
5. Is There A Curse of Location? Spatial Determinants of Capital Flows to Emerging Markets
Swati Ghosh and Holger Wolf
Comment: Miguel A. Savastano
6. Capital Flows and the Behavior of Emerging Market Equity Returns
Geert Bekaert and Campbell R. Harvey
Part III - Capital Movements to Latin America, Asia and Eastern Europe
7. Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences
Sebastian Edwards
Comment: José De Gregorio
8. Capital Flows in Asia
Takatoshi Ito
9. Capital Flows to Central and Eastern Europe and Former Soviet Union
Stijn Claessens, Daniel Oks and Rossana Polastri
Comment: Michael P. Dooley