On the occasion of capital account liberalization in developing countries it has been ascertained the appearance of short-term and long-term effects on prices and production in the country. The short-term effects are shown in faster growth of local goods prices in relation to foreign-trade...

English Abstract: The paper examines the problem of global integration processes in regions of Africa, Asia and Russia. Based on migration flows, estimation of integration indexes, we investigate the historical integration development of these regions and identify the important features for...