Industrialising Countries A Survey of Recent Trends Sanjaya Lall There is now a large literature on the growth of manufactured exports by the less developed countries (LDCs), especially on the performance of the industrially more advanced, i e, the newly-industrialising countries (NICs). This paper reviews the literature and presents some data on the recent experience. There is so much written on this subject, however, that this survey cannot hope to be exhaustive. It concentrates on certain themes that are likely to be of direct interest to policy-makers and students, mainly with reference to works, published and unpublished, that have appeared in the past five years or so.