The Political Economy of Sanctions Against North Korea

Asian Perspective, Vol. 30/3, 2006, Seoul: Institute for Far Eastern Studies, Kyungnam University and Portland State University, pp. 5-36

32 Pages Posted: 10 Dec 2016

Date Written: 2006

Abstract

This article explores sanctions as a policy tool to coerce North Korea’s behavior, such as by discontinuing its nuclear weapons program. It discusses the characteristics of sanctions as well as the practical experience with these restrictions on North Korea. It becomes clear that the concrete goals of coercion through sanctions and the relative power of the sending country to a large extent determine the outcome. Nevertheless,the general limitations of sanctions also apply, including the detrimental effects of unilateral and prolonged restrictions. It appears that the imposition of sanctions against the DPRK is unlikely to succeed. As an alternative way of changing the operating environment for North Korea, assistance deserves consideration. Despite many weaknesses, this instrument is relatively low in cost and risk, and can be applied continuously and flexibly.

Keywords: North Korea, sanctions, U.S. foreign policy in East Asia

Suggested Citation

Frank, Ruediger, The Political Economy of Sanctions Against North Korea (2006). Asian Perspective, Vol. 30/3, 2006, Seoul: Institute for Far Eastern Studies, Kyungnam University and Portland State University, pp. 5-36, Available at SSRN: https://ssrn.com/abstract=2883262

Ruediger Frank (Contact Author)

University of Vienna ( email )

Spitalgasse 2, 2.3
Vienna, Vienna 1090
Austria

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