"The Political Economy of Sanctions and Inducements: the North Korean Case"

"The Political Economy of Sanctions and Inducements: the North Korean Case"

Tuesday, 14 October 2014 - 6:00pm to 7:30pm
Speaker(s): 
Professor Stephen Haggard (University of California, San Diego)
Convenor: 
Dr Rosemary Foot

A central debate with respect to North Korea is whether inducements or sanctions are better suited to influencing North Korea’s behavior. Sanctions do not seem to have worked, but inducements have had limited effect as well. An analysis of the issue requires an understanding of the political foundations of the regime, the dynamic effect of sanctions, and the nature of cross-border interactions at the firm level.