We calculate numerically the exact relaxation spectrum of the totally asymm
etric simple exclusion process (TASEP) with open boundary conditions on lat
tices up to 16 sites. Ln the low- and high-density phases and along the non
equilibrium first-order phase transition between these phases, but sufficie
ntly far away from the second-order phase transition into the maximal-curre
nt phase, the low-lying spectrum (corresponding to the longest relaxation t
imes) agrees well with the spectrum of a biased random walker confined to a
finite lattice of the same size. The hopping rates of this random walk are
given by the hopping rates of a shock (a domain wall separating stationary
low- and high-density regions), which are calculated in the framework of a
recently developed non-equilibrium version of Zel'dovich's theory of the k
inetics of first-order transitions. We conclude that the description of the
domain wall motion in the TASEP in terms of this theory of boundary-induce
d phase transitions is meaningful for very small systems of the order of te
n lattice sites.