Eminent thinker Dr. Mizanur Rahman Shelley has suggested an integrated approach for globalisation of commodities and societies of the developing countries like Bangladesh to achieve the desired objectives, reports BSS.

He said the societies are primarily composed of people and they should be educated and prepared to adapt with the globalisation process along with improvement of inner institutional and infrastructural strength.

Giving a lecture on "Globalisation and developing societies" at North South University here yesterday, Dr. Shelley said globalisation without cohesiveness of society and economy would not bear the desired fruit.

This was the first session of Chowdhury A K M Aminul Haque Memorial Lectures and was chaired by the President of North South University Muslehuddin Ahmed. Associate Prof of Public Administration Department of Dhaka University Dr Nazmul Ahsan Kalimullah and Mosud Mannan also spoke on the occasion.

Born in 1934 in the village of Naopara in Lahjong in Munshiganj district, Chowdhury Aminul Haque was a former Finance Secretary, an advisor in the caretaker government of Justice Shahabuddin Ahmed and a member of the board of governors of North South University.

Dr. Shelley observed that "the non-integrated nature of economic globalisation caused the current financial and economic disaster in several hitherto prosperous and growing Asian economies."Referring to Bangladesh Dr. Shelley who is also Chairman, Centre for Development Research, Bangladesh, said "the economy shows no sign of faster growth" though liberalisation of trade has expanded significantly and international standards are being sought to be strictly adhered to the impact of such measures on domestic industrial growth and economic development is still uncertain, he observed.

He said institutional and procedural weaknesses and inadequacies that are haunting the society and economy of Bangladesh should be recast.