South Korea’s President Lee Jae Myung has carried out a surprise cabinet overhaul to tighten control of the policy agenda as public discontent rises over housing, justice, and widening inequality, even as the economy accelerates. The move signals heightened political risk around domestic priorities and potential policy shifts, which may weigh on near-term confidence despite improving growth.
South Korea’s President Lee Jae Myung has carried out a surprise cabinet overhaul to tighten control of the policy agenda as public discontent rises over housing, justice, and widening inequality, even as the economy accelerates. The move signals heightened political risk around domestic priorities and potential policy shifts, which may weigh on near-term confidence despite improving growth.
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