Differentiation analysis of economic development of emerging economic power (BRICS), with Rosto theory

In recent years, the international community has witnessed the rise of emerging economic powers (BRICS) in the world. Rosto has tried to sequence the stages of economic history. In Rosto's theory of economic development, any country that has successfully passed these stages has achieved development, and on the contrary, backward countries are forced to go through these stages to the stage of development. The main issue of the article is to what extent the strategy for the development of emerging economic powers (BRICS) is consistent with the approach and stages of economic growth of Rosto theory? The main hypothesis of the research is in response to the question that the strategy of developing emerging economic powers (BRICS) in relation to issues such as the use of foreign economic-political opportunities and increasing trade in relative compliance with Rostow's theory of linear Western economic growth. In the field of exploitation of internal resources, the alignment of economic and human indicators is based on reducing the dependence and economic-political influence in world affairs in the form of the process of human economic development in relative contrast with the principles of Rostow theory. This research is analyzed by library method and analytical-descriptive method.