
For over two years, we’ve explored what makes economies tick on the Flywheel Economics podcast. At its heart, Flywheel Economics begins with a single, honest reframe: economies are not machines. They are living, breathing ecosystems. And the moment you genuinely accept that, everything about good policymaking changes. As Richard Ough puts it in the episode, “as soon as you make that mindset shift, all becomes possible.”
The Flywheel Economics Toolkit is built on exactly this idea. It is a resource designed to help policymakers and practitioners start cultivating growth.
What is the Flywheel Economics Toolkit?
At its heart, this toolkit is about momentum and walks policymakers through three clear steps. First, observe. Before you intervene, understand what is already growing organically in your economy. Second, remove obstructions. Identify what is blocking the things you want to flourish and clear the way. Third, fertilise lightly. Look for targeted, time-limited ways to give emerging sectors a boost, without creating the kind of dependency that makes them collapse the moment government steps back.
These are not abstract principles. The Yaba tech cluster in Lagos is living proof. When the community needed fibre optic cable but a government levy was making it unviable, the Lagos state government did something quietly radical, they simply removed the levy. They listened. They cleared the obstruction. And Yaba became West Africa’s Silicon Valley. That is flywheel economics in action.
Why Should You Use It?
If you have ever felt that policy interventions lead to stagnation rather than progress, this toolkit is for you. It teaches you to look for “flywheel effects”, those self-sustaining dynamics where small, thoughtful interventions lead to massive gains over time. What makes the Flywheel Economics Toolkit genuinely different from existing frameworks is its focus on ecosystems and sectors rather than individual transactions or generic reforms. It is about finding the clusters, understanding crosscutting barriers, and creating conditions where self-reinforcing, sustained growth can actually take hold.
What Can You Expect?
Whether you are working in policy, investment, or innovation, this toolkit acts as your guide to becoming a steward of your local ecosystem. It helps you foster the trust necessary to attract long-term investment and move beyond “workaround innovation” toward true, frontier-level productivity.
We are passionate about moving beyond theory to create tangible, lasting impact. As Favour Ogbadu puts it at the end of the episode: “these things are happening. These things are real.” A beta version of the toolkit is coming soon, with the full release to follow. If you work in economic policy, development, or investment in emerging markets, this is worth your attention. The flywheels are already there. The flywheel economics toolkit is our way of placing that power directly into your hands that helps you find them. Join us in shifting the mindset, one ecosystem at a time.
Listen to the full episode below and ask your questions on LinkedIn, Instagram and X (formerly twitter).

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