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Story summary
- President Lee Jae-myung urged accelerated growth measures at a Cabinet meeting on Nov. 27.
- He warned that low growth fuels youth unemployment and social polarization in Europe.
- Lee said Europe’s protests should be treated as a cautionary lesson for South Korea.
- He highlighted a second-quarter current-account surplus ranking second globally, ahead of Germany and Japan.
- Lee called for faster advanced-industry investment, quicker public-works, and expanded housing starts with state-backed credit guarantees.