Role of Clustering in Provision of Economic Growth

Under current economic conditions, society's business structure once again faces the phenomenon of stagnating markets. This recessive state, often discussed in a variety of scientific works, explains the behaviour of financial and economic indicators in the business vector of the global economy. As such, it is obvious that various regions throughout the world require a "breath of fresh air", that is, new steps towards positive changes of the quality of their economic growth. As shown in this volume, the resolution of crises and other manifestations of economic instability are related to the phenomenon of clustering, which has, since the second half of the 20th century, become of increasing popularity around the world.The contributors here explore aspects of the formation of modern economic clusters, discussing the advantages and negative aspects of clustering and the phenomenon of "underdevelopment whirlpools" as a manifestation of clustering. In addition, they analyse the contradictions of clustering, the fusion of clustering into small and medium enterprises, and cluster initiatives, and develop a methodological approach to cluster formation under modern conditions.The book will be of particular interest to postgraduate students, scientists, and economic specialists, as well as the general reader wishing to learn more about the problems of the phenomenon of clustering in various regions throughout the world.

About the Author :
E.G. Popkova is Professor of International Economics and Economic Theory at Volgograd State Technical University, Russia. Her scientific interests include economic growth, sustainable development, globalisation, the institutionalisation of social development, development planning, and strategic planning. She is a guest editor of Asian Social Science Journal (Canada), and a member of the editorial boards of International Research Journal of Marketing, Journal of Macroeconomic Dynamics Research, and International Journal of Economic Policy in Emerging Countries. She has published articles in a number of both Russian and international peer-reviewed journals. I.A. Morozova is Professor of International Economics and Economic Theory at Volgograd State Technical University, Russia. Her scientific interests include the development of the reputational assets of business, the corporate social responsibility of business, the formation of mechanisms of private-public partnerships, and management of human resources of modern companies.T.N. Litvinova is Associate Professor in the Economics Department at Volgograd State Agrarian University, Russia. Her scientific interests include economic growth, sustainable development, development planning, and strategic planning. She has published a number of articles in both Russian and international peer-reviewed journals.I.M. Kuzlaeva is a postgraduate student in International Economics and Economic Theory at Volgograd State Technical University, Russia. Her research interests include the problem of the realisation of the processes of economic clustering in the globalising world. She has more than twenty publications to her credit, and organised the international conference "Role of integration and clustering in provision of sustainability of economic growth", in 2016.