In article the characteristic of a klasterny approach in economic policy is given and its application in realization of complex strategy of social and economic development of the north Caucasian federal district within two last years is considered. The main cluster in which large investments are carried out, became tourist and recreational. Actions of the main investors – the state and private business are considered. The problems arising during implementation of projects on development of a tourist and recreational cluster are revealed, and ways of their decision are designated.

Keywords: cluster, klasterny approach, klasterny policy, tourist and recreational cluster of the north Caucasian federal district