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Preface International Capital Flows: Introduction Martin Feldstein 1.Capital Flows to Latin America 1. Sebastian Edwards 2. Francisco Gil Diaz3. Arminio Fraga Discussion Summary 2. Capital Flows to Eastern Europe 1.Hans Peter Lankes and Nicholas Stern 2. W. Michael Blumenthal 3. Jiri WeiglDiscussion Summary 3. Capital Flows to East Asia 1. Takatoshi Ito 2.Kathryn M. Dominguez 3. Moeen Qureshi 4. Zhang Shengman 5. MasaruYoshitomi Discussion Summary 4. The Evolving Role of Banks in InternationalCapital Flows 1. Bankim Chadha and David Folkerts-Landau 2. Mervyn King 3.Roberto G. Mendoza Discussion Summary 5. The Role of Equity Markets inInternational Capital Flows 1. Linda L. Tesar 2. Rene M. Stulz 3. StephenFriedman 4. George N. Hatsopoulos Discussion Summary 6. The Role of ForeignDirect Investment in International Capital Flows 1. Robert E. Lipsey 2.Robert C. Feenstra 3. Carl H Hahn 4. George N. Hatsopoulos DiscussionSummary 7. Risks to Lenders and Borrowers in International Capital Markets1. Benjamin E. Hermalin and Andrew K. Rose 2. Peter M. Garber 3. AndrewCrockett 4. David W. Mullins, Jr. Discussion Summary 8. Currency Crises 1.Paul Krugman 2. Kenneth Rogoff 3. Stanley Fischer 4. William J. McDonoughDiscussion Summary Biographies Contributors Author Index Subject Index