Growth despite Sanctions? Revisiting the Effect of North Korea Sanctions
Lim, Soo Ho | September 2017
Abstract
Recently the central bank of Korea, the Bank of Korea, announced that North Korea's GDP in 2016 increased by 3.9%p compared with the pre-vious year. In 2016, the UN passed two resolutions for strong economic sanctions on North Korea, UNSCR 2270 and 2321. This economic per-formance, therefore, seems to support and even prove the popular hy-pothesis among North Korean experts that sanctions against North Ko-rea are useless. This article deals with this recent phenomenon of "growth despite sanction" in North Korea.
Citation
Lim, Soo Ho. 2017. Growth despite Sanctions? Revisiting the Effect of North Korea Sanctions. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/7775.Keywords
Social condition
Economic dependence
Economic assistance
International monetary relations
International monetary relations
International trade
National accounting
Market
Project impact
Development projects
Program management
Performance appraisal
Project appraisal
Technology assessment
Macroeconomic
Macroeconomic Analysis
Macroeconomic Framework
Macroeconomic Models
Macroeconomic Performance
Macroeconomic Planning
Macroeconomic Policies
Macroeconomic Reform
Macroeconomic Stabilization
Results-Based Monitoring And Evaluation
Project Evaluation & Review Technique
Project Evaluation
Program Evaluation
Performance Evaluation
Operations Evaluation
Evaluation Methods
Evaluation
Exports
Exchange
Comparative economics
Index number
Monetary policy
Value analysis
Adjustment cost
Transaction cost
Conditionality
International relations
Cumulative effects assessment
Grievance procedures
Participatory monitoring and evaluation
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