This paper develops and evaluates an optimal strategy for the reduction of economic dependence in under developed countries where accumulation is solely under the control of the state. The paper is divided into several parts: 1) the derivation from the dependencia literature of criteria for assessing dependence reduc tion ; 2) the specification of a particular type of situation in which dependence reduction could be pursued, along with the likely constraints on such a situation on any regime attempting to implement such a goal; 3) the derivation and explication of the optimal strategy; 4) assessment of the validity and stability of the strat egy. It is concluded that for the specific type of country considered, the optimal strategy for dependence re duction would be beneficial to the peasants, but for that reason, unstable over the long run.
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