iarjbmIARJBMIARJBM2708-514710.47310/iarjbm.2020.v01i02.025Theoretical Approaches Regarding Emerging Economies. Brics Economic And Political Evolution AspectsVeronicaGROSUAnatolMelegaProfessor Stefan cel Mare University of Suceava, 720229, RomaniaPhD. Student Stefan cel Mare University of Suceava, 720229, RomaniaThe globalization of the world economy has had the effect and at the same time triggered the emergence and functioning of new economic and political bodies, as well as the development of new concepts such as the emerging economy / market. Emerging markets are currently a global economic and political power, with year-on-year indicators of economic performance and adjustment of accounting standards to the international financial reporting framework. It is important to follow the development of emerging economies, as well as to analyze the main directions of development. Currently, according to the MSCI index, there are about 25 emerging economies, the most representative being the BRICS economies (Brazil, Russia, India, China and South Africa). The purpose of the research is to analyze the concept of emerging economy / market as well as the economic and political evolution of the BRICS group.