Hacking Economic Development

Growth hacking is inductive, non-linear, and empirical, contrasting the economic literature's deductive, linear, and abstract frameworks. Therefore, it can yield prescriptive and actionable insights that create virtuous cycles, avoid vicious cycles, and regulate linear economic development. This perspective led to a novel definition of the quality of growth. As an extension of this definition, three development archetypes are stylized as "active," "passive," and "sustaining" based on reflexivity characteristics of the underlying economic subsystems.