Please use this identifier to cite or link to this item:
The (Non) impact of UN sanctions on North Korea
|Title:||The (Non) impact of UN sanctions on North Korea|
|LC Subject Headings:||United Nations - Sanctions|
Economic sanctions - Korea (North)
Nuclear nonproliferation - Korea (North)
Korea (North) - Foreign economic relations
|Issue Date:||Feb 2009|
|Publisher:||Honolulu, HI: East-West Center|
|Series/Report no.:||East-West Center working papers. Economics series ; no. 98|
|Abstract:||This study finds that North Korea's nuclear test and the imposition of UN Security Council sanctions have had no perceptible effect on trade with its two largest partners, China and South Korea. Before North Korea conducted an underground nuclear test, it was widely believed that such an event would have cataclysmic diplomatic ramifications. However, beginning with visual inspection of data and ending with time-series models, no evidence is found to support the notion that these events have had any effect on North Korea's trade with its two principal partners. In retrospect, North Korea may have calculated quite correctly that the direct penalties for establishing itself as a nuclear power would be modest (or, alternatively, put such a high value on demonstrating its nuclear capability that it outweighed the downside risks however large). If sanctions are to deter behavior in the future, they will have to be much more enthusiastically implemented.|
|Description:||For more about the East-West Center, see http://www.eastwestcenter.org/|
|Pages/Duration:||12, 11 leaves|
|Appears in Collections:||Economics [Working Papers]|
Please contact email@example.com if you need this content in an alternative format.
Items in ScholarSpace are protected by copyright, with all rights reserved, unless otherwise indicated.