I just learned this, and I was quite surprised. Chile's area is over 290,000 square miles; Ukraine, the largest country in Europe other than European Russia, has an area of under 235,000 square miles.

Then, Russia has an enviable debt-to-GDP ratio of some 10 per cent, no capital controls and low taxes, plus a burgeoning middle class that O’Flynn reckons will have per capita income of $20,000 ...