41. The (Non) Impact of UN Sanctions on North Korea
- Author:
- Marcus Noland
- Publication Date:
- 12-2008
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics
- Abstract:
- This study finds that North Korea's nuclear test and the imposition of UN Security Council sanctions have had no perceptible effect on North Korea's 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.
- Topic:
- United Nations and Weapons of Mass Destruction
- Political Geography:
- China, Asia, South Korea, and North Korea