Economy needs major surgery: S Korea's Park
President says this is necessary to solve nation's chronic and structural problems
Seoul
SOUTH Korea's president called on Thursday for "major surgery" on the economy, which faces slowing growth and increasing challenges as she approaches the half-way point of her single five-year term.
Park Geun-hye, whose popularity has dipped below 40 per cent, has fallen short on pledges to breathe fresh momentum into Asia's fourth-largest economy and seen her push for labour market reforms and job creation sputter.