Abstract: in the migration of capital movement factors in the form of investments the determining motive for the movement of it is their marginal productivity, which, in turn, is determined by the level of saturation of such factors as capital. In contrast to the neoclassical period, there was a new system that tried to justify all the changes in the economy of the leading countries of the world, constantly developed. This system was called “institutionalism”, the main representatives of which were T. Webler, J. Commons, V. Mitchell, and J.Hobson. However, it should be noted that foreign scientists for a certain period of time put more emphasis on financial investments, i.e. investment in securities. This situation can be explained by the large development of the financial instruments market in international practice. As for domestic scientists, during Soviet times, the investment period was not used at all. Instead, it was widely used to use the term “capital investment”, which refers to the costs of enterprises to create new ones, expand, reconstruct, re-equip existing enterprises and update fixed assets, introduce new equipment in the production sectors of the national economy, build facilities in all sectors of the social sphere, and perform design and exploration work. Thus, the focus was on real investments. Globalization manifests itself in an increase in international trade and investment, the liberalization and deregulation of capital flows, the diversification of global financial and technology markets, the increasing role of transnational corporations, increased global competition, and so on in the future for several years.
Keywords: factors migration, capital, changes, economy, investors