Bangabandhu's philosophy would have developed country's economy

Bangladesh's economy would have resembled Malaysia's, had it progressed following Bangabandhu Sheikh Mujibur Rahman's socio-economic philosophy of home-grown development, said speakers yesterday.

His economic and political visions were discussed at the launching of "Bangabandhu-Somota-Samrajyobad" written by noted economist Prof Abul Barakat of Dhaka University.

Prof Mahfuza Khanom gave a detail overview of the 252-page book published by Muktobuddhi Prokashana. Former vice chancellor of DU Prof A KAzad Chowdhury, presenting an extract from the book, noted how Bangabandhu was able to return the GDP to Tk 806 crore in 1973, close to its pre-liberation level of Tk 899 crore in 1970, up from Tk 629 crore in a war-devastated country in 1972.