Russian President Vladimir Putin called comfortable housing and affordable infrastructure, decent wages and pensions, high-quality medicine and education as guarantors of the development of the global economy. He stated this at the economic forum in Davos.
“This is the only way to guarantee the effective development of a modern economy – an economy where people are not means, but a goal,” Putin said.
During his speech, the President called the growing social inequality and the increase in poverty in recent years as one of the urgent world problems. He noted that over the past 30 years in a number of developed countries, incomes of more than half of citizens in real terms did not grow, and health care and education became three times more expensive.