to ensure that this momentum is mai

to ensure that this momentum is maintained with ongoing diversification into new areas of tradable commodities or else growth simply fizzles out. Second is the need to strengthen domestic institutions of conflict management. The most frequent cause for the collapse in growth is an inability to deal with the consequences of external shocks—that is, in terms of trade declines or reversals in capital flows. Endowing the economy with resilience against shocks requires strengthening the rule of law, solidifying (or putting into place) democratic institutions, establishing participatory mechanisms, and erecting social safety nets. When such institutions are in place, the macroeconomic and other adjustments needed to deal with adverse shocks can be undertaken relatively smoothly. What is required to sustain growth should not be confused with what is required to initiate it. Such is Rodrik’s alternative proposal.