The strategy of regional development: cluster formation methods

Abstract

The article discusses the cluster approach to the regional economic development. It describes the method of creating a spatially localized recreational cluster. The method for calculating the integral indicator of clustering has been improved. The indicators of recreational development have been added to the group of regional economic development indicators. To assess the correctness of the results, the integral indicator for assessing the regional socio-economic development has been calculated by the multifactor ranking method. It involves the calculation of the Euclidean metric, which shows the deviation of the integral indicator from the standard. The main risks of spatially localized recreational clusters have been identified.