Regional Space From the Perspective of Circular Economy

Abstract

The basic principles of the development of territorial space have attracted the interest of researchers for several decades. An important aspect is a study and research for the relationship between impact factors and the resulting development effects. Achievement of sustainability in transforming space is extremely important not only from the economic and political perspective, but also from the perspective of social development. Recently, the focus has shifted from a linear-type economic model to a closed-loop model, due to a number of objective new economic and ecological reasons. To continue learning the phenomenon of circular economy on the example of regional subjects of Russia the article carried out the procedure of their clustering on the basis of actual statistical data, revealed the distinctive features describing the specific development of space due to "circular principles" and gave the characteristics of cluster formations on the basic descriptive features of each group of cluster elements. More effective implementation of the principles of circular economy in the socio-economic space of the regions opens new horizons for strategic planning and management of their development. The information obtained from the analysis will contribute to the optimization and early establishment of equalization and harmonization of regional policies on sustainable development and the circular economy.