United Nations Sanctions on North Korea's Luxury Goods Imports: Impact and Implications
This article examines the impacts of UN Security Council sanctions on North Korea's banned luxury goods imports from 2004 to 2017 by investigating the bilateral trade flows between North Korea and its 71 trading partner countries. This analysis provides some evidence that the sanctions were eff...
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| Veröffentlicht in: | Asian economic policy review 2019-07, Vol.14 (2), p.214-233 |
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| creator | Jeong, Hyung‐Gon |
| description | This article examines the impacts of UN Security Council sanctions on North Korea's banned luxury goods imports from 2004 to 2017 by investigating the bilateral trade flows between North Korea and its 71 trading partner countries. This analysis provides some evidence that the sanctions were effective only for those countries that implemented the sanctions. Overall, it is difficult to conclude that United Nations Resolution 1718, which was mainly targeted to ban luxury goods exports to North Korea, was effective in curtailing North Korea's import of luxury goods for the time period from 2006 to 2007. The article argues that the lack of a clearly defined list of luxury goods and the lack of enforcement are important reasons for the ineffectiveness of the sanctions. |
| doi_str_mv | 10.1111/aepr.12258 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 1832-8105 |
| ispartof | Asian economic policy review, 2019-07, Vol.14 (2), p.214-233 |
| issn | 1832-8105 1748-3131 |
| language | eng |
| recordid | cdi_proquest_journals_2313979315 |
| source | Wiley Journals; EBSCOhost Business Source Complete |
| subjects | D74 Economic models economic sanction Enforcement Exports F51 Imports luxury goods North Korea (DPRK) nuclear P20 P33 Sanctions Trade flows Trading United Nations |
| title | United Nations Sanctions on North Korea's Luxury Goods Imports: Impact and Implications |
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