Economic Growth was basically managed using monetary circulation until the Unicist Approach to Economic Growth was developed.
The Unicist Approach defined the necessary conditions to develop economic growth which are applicable to macro and microeconomics making the necessary homologies. It requires dealing with the fundamentals of Nations and how their power is sustained.
“The Power of Nations is based on the construction capacity which is given by work and sustained by the non-exerted destruction capacity that we call dissuasion power.
This implies that the economic power has to provide the maximal strategy, the possibility of upgrading to the next step while the dissuasion power developed by the administrative authorities of the country provides the necessary secure environment to grow.
It has to be considered that the economic power is basically individualistic oriented. In the materialistic world the same “thing” cannot be shared. Money is in my pocket or it is in your pocket. It cannot be in both at the same time.
That is why the nature of the materialistic world is the dualism which naturally drives towards fostering activities based on individual initiatives.
This is not necessary at a subsistence level but it is a must if a culture fosters expansion and influence in the environment.”
Access it at: http://www.unicist.com/books-pages/en/nature_economic_power4.php
First you need to register: http://www.unicist.com
NOTE: The Unicist Research Institute was the pioneer in complexity science research and became a global decentralized world-class research organization in the field of human adaptive systems. https://www.unicist.net/economics/wp-content/uploads/2012/04/turi.pdf