Role of cluster policy in the socio-economic development of Abkhazia

The economy of Abkhazia is experiencing a systemic crisis caused by political, economic, social, demographic difficulties of the last quarter of the centuryand is characterized bylow living standards, regional development imbalance, subsidized budgets of different areas, and a significant share of the shadow economy. The analysis of the main indicators of the socio-economic situation shows that the economy of Abkhazia is developing by inertia, having exhausted the potential of the previous stage of development.The relevance of the work lies in finding new economic tools and social technologies, which will allow to take the post-war Abkhazia out of the recession. New approaches are required for sustainable development.The purpose of this article is to study and search for mechanisms that will help in modernizing the socio-economic situation of Abkhazia in terms of informational economy. The author suggests implementing cluster associations in the Republic of Abkhazia as an effective form of economic interaction between economic entities.The article describes economic actors of a cluster organization, the role of entities and the conditions of forming economic and institutional clusters, as well as the competitive advantages of the national economy of Abkhazia.The author of the article proposes tools for implementing cluster policy, describes its advantages and expected results. The proposed approach will make it possible to minimize the risks of imbalances, create conditions for economic growth and improve the quality of life of the population of Abkhazia.