Comments by Siow Yue Chia,  on Can Russia Survive Economic Sanctions?
Journal: Asian Economic Papers
Year: 2017

Siow Yue Chia: This is an interesting, topical, and innovative paper.Benzell and Lagarda study the welfare impact of extreme sanctions on Russia. There have been many studies on the impact of sanctions. Benzell and Lagarda claim their study is different in several aspects.First, they show the demographic and fiscal transitions of Russia under free trade and autarky by using a large-scale six-region (United States, EU, Russia, China, India, and Japan+South Korea) overlapping-generations (OLG) mod