BRICSization Study Tests De-Dollarization Potential Using Morris Code

A groundbreaking economic model dubbed 'BRICSization' has been published in the Science Direct Journal of Open Innovation: Technology, Market, and Complexity. The study, authored by Iman Bastanifar, Kashif Hasan Khan, and Halil Koch, employs the Morris Code method to quantify the readiness of BRICS nations to abandon the US dollar.

Brazil, China, and South Africa lead with a 93% readiness score, signaling strong potential for de-dollarization. In contrast, India and Russia lag at 37%, revealing vulnerabilities in their economies without USD reliance. The aggregate BRICSization index stands at 72%, suggesting a tangible but uneven shift away from dollar dominance.

The research underscores a geopolitical pivot: while BRICS makes strides, the path to full de-dollarization remains fragmented. The methodology’s rigor—testing combinations via Morris Code—adds weight to its conclusions, though real-world adoption will hinge on factors beyond pure economic calculus.