Financial globalization is a vast and complex topic. Understanding the effects of financial globalization on developing countries, in particular, is of considerable importance. While there has been a great deal of debate on this issue, the evidence on which the debate is based has not been uniform and unambiguous. The talk "Effects of Financial Globalization on Developing Countries: Some Empirical Evidence" attempts to provide a systematic and critical review of recent empirical evidence, including some new research, on this subject. Kenneth Rogoff presented this research on June 12, 2003 as the first talk in the Barcelona Economics Lecture series.