Abstract: In the conditions of liberalizing capital flow its active migration among the territorial systems is the crucial element and form of modern economic relations. In order for a region to develop in the conditions of globalization the issue of presence or possibility to attract capitals into the territory becomes a significant growth aspect.  Strengthening of the social and economic differentiation of the regional development level shows the variety of economic capabilities for capital concentration. The process of redistribution of capital among the economic systems defines the level of economic growth of the territories.  Within the framework of the economic theory there is a wide range of methods allowing to evaluate the process of capital flow from various standpoints.  Within this article the authors analyze various theories of economic and spatial development, allowing to evaluate the ongoing processes of capital flow and to define the most significant prerequisites for its changing.  The ambiguous character of spatial development is defined by a vast variety of defining factors.  The process of capital flow, which is defined by a number of characteristics has a significant impact upon the level and quality of economic development.  Defining the main parameters for capital flow shall allow to analyze the process of changes in economic and social markers of spatial development.