Discriminant Analysis of the Economic Development of the Economic Emerging Powers (BRICS) Based on Rostow’s Theory

Subject Areas : Iranian Political Research

Milad  Mansoori ¹ (Ph.D., Department of Political Science, Qom Branch, Islamic Azad University, Qom, Iran)
Mohammad  Torabi ² (Assistant Professor, Department of Political Science, Qom Branch, Islamic Azad University, Qom, Iran)
Masha'Allah  Heydarpour ³ (Assistant Professor, Department of Political Science, Qom Branch, Islamic Azad University, Qom, Iran)

Received: 2022-07-20 Accepted : 2022-09-16 Published : 2022-09-23

Keywords: BRICS, Economic Emerging Powers, Rostow’s Theory, Economic Development, economic interests,

Abstract :

The purpose of the present study is to recognize and analyze the discriminant aspects and effective and facilitative main components in the economic development of the emerging powers (BRICS) based on Rostow’s theory. The main research question is: To what extent does the development strategy of the economic emerging powers (BRICS) rely on the approaches and procedures in Rostow’s theory of economic growth? The research method is descriptive-analytic and it has also made use of Rostow’s theoretical approach of growth. The results showed that apart from some minor similarities between BRICS’ development and Rostow’s model of growth, other aspects such as systematic changes, unitary level variation, global powers’ approach, necessity of rational decision making, common threatening sources, common and accumulative power sources, economic and political interests, and indigenization of the existing national and international potentials are among the effective components and discriminant aspects of BRICS’ development compared to western models.

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