It is important to move “from general statements to actions” when it comes to reducing social and economic inequality, said Russian President Vladimir Putin in his address to the World Economic Forum on Wednesday. “A person should have a comfortable environment to live in,” thanks to adequate infrastructure, he said, adding that developed countries should focus on building “an economy that doesn’t view people as a means, but places them at the center.” According to Putin, the traditional measures used to stimulate the economy have already been exhausted, and further economic development will be largely based on budgetary incentives. “I
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