More spending by the government can help turn around the country's low growth rate.<br /> That's according to a report by the Bank of Korea released on Monday,... which shows... if the government increases spending by around 850-million U.S. dollars,... the country's gross domestic product would be lifted by more than one-billion dollars over five years.<br />That's because the private sector often increases consumption once the government injects more funds for companies and households.<br />A private research institute, the Hyundai Research Institute, also released a report backing the BOK document... arguing the government should come up with measures to combat global downside risks. <br />
