Dependence and transformation : the economics of the transition to socialism / by Clive Y. Thomas.

Tables include detailed economic statistics.

Bibliographical references (pages 311-319) and index.

Part 1: General analysis -- 1. Dependence and the transition to socialism -- 2. Underdevelopment, size, and the neocolonial mode of production -- 3. Underdevelopment, dependence, and growth: the experience of the "high-growth" economies under capitalism.

Part 2: Economic strategy: 4. On converging resource use and demand: the first "Iron Law" of transformation -- 5. The transformation of agriculture -- 6. Industrialization and transformation -- 7. Structural interdependence, pricing, and foreign exchange -- 8. Converging needs with demand: the second "Iron Law" of transformation.

Part 3: Relations of production and forces of production -- 9. Problems of political and social interaction -- 10. The economics of the transition period.

"Thomas, a Guyanese economist...emphasizes that small, third world countries can be economically independent without being bound by staple production for export. He outlines an optimistic economic strategy for effecting a transformation to socialism in which indigenous technologies are developed to match domestic resources with human needs. The analysis adds a significant new dimension to the literature of the economics of the transformation to socialism by focusing on newly emerging small socialist countries..." --From the book cover.