Vulnerability to Sanctions I: Park and Walsh

As the discussion shifts ineluctably towards sanctions in the wake of the fifth test, attention also naturally shifts to DPRK-China trade relations and what—if any—of it is vulnerable to further sanctions, or at least exposure. Two important reports released in the last two weeks shed light on these issues, and we start with a discussion of the new working paper by John Park (Harvard) and Jim Walsh (MIT) on Stopping North Korea Inc: Sanctions Effectiveness and Unintended Consequences. A distinct

Source: Peterson Institute (PIIE)