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Peterson Institute: Sanctioning North Korea: The Political Economy of Denuclearization and Proliferation

Authors: Stephan Haggard, and Marcus Noland
July 15, 2009


Stephan Haggard and Marcus Noland write that sanctions alone are not enough to force North Korea to relinquish its nuclear weapons, but that the United States and other countries can make an impact if they pursue North Korea's international financial intermediaries, such as China.

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