ABSTRACT

This chapter examines six contradictions and the sets of circumstances that give rise to them. The first of them consists in the patent one-sidedness of all the "catching up" countries' industrial development. The second important set of circumstances is connected with the public underconsumption stemming from the industrial type of "catching up" development model applied. The third set of circumstances which cannot be ignored within the framework of our analysis is connected with predomination in "catching up" economies of extensive development factors. The fourth set of circumstances which aggravated the problems facing the "catching up" countries has to do with the large-scale import of capital. The fifth group of factors determining the non-self-sufficiency of the "catching up" development pattern looks particularly important to us because they made the "catching up" nations dependent on the export of their products. The sixth set of circumstances important determines the "catching up" nations' absolute technological, intellectual and cultural dependence on the post-industrial world.