This paper focuses on the effects of UN economic sanctions on exports and imports of North Korea. The analysis is based on applying Difference-in-Differences Methods to the gravity model. The result of the empirical analysis indicates that UN economic sanctions against North Korea in 2006 did not have any significant effect on its exports and imports. These results means that UN Resolutions 1695and 1718, in response to North Korea’s first nuclear test in 2006, turned out to be ineffective in decreasing North Korea’s foreign imports and exports in any way. As the result of the analysis, it is difficult to induce all the United Nations member states to participate faithfully in economic sanctions against North Korea. Thus, for the sanction the member states that have great influence on North Korea should collaborate so that they can apply significant pressure on North Korea.
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