TERRITORIAL DEVELOPMENT AND INTEGRATION POTENTIAL OF RUSSIA’S ECONOMY MODERNIZATION
Abstract
The main factors, underlying the integration potential, include the following: availability of financial and natural resources, geographical location of a region, transport infrastructure, human and intellectual potential, industrial, services and trade development, the quality of regional management etc. The authors consider here the intensity of inter-regional integration processes by comparing the turnover of wholesale trade and the gross regional product (GDP). The paper describes the evaluation method of integration potential and integration intensity on the example of the Volga Region. Implementation of theoretical and methodological developments may contribute to improving the effectiveness of regional cluster policies in the framework of spatial development strategy which, in its turn, is supposed to ensure the living standards’ increase in the long term.
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