Economic Sanctions Against a Nuclear North Korea: An Analysis of United States and United Nations Actions Since 1950

United States economic sanctions against North Korea began on June 28, 1950, three days after the outbreak of the Korean War. Since then, the United States, its allies, and the United Nations have increasingly imposed economic sanctions against North Korea in an attempt to destabilize and manipulate the North Korean regime. This book first provides a thorough historical overview of U.S. and U.N. sanctions against North Korea since 1950. Then, several essays propose ways to make such sanctions more politically effective while limiting their harmful humanitarian consequences. Finally, the book discusses the impact of the newest, six-nation agreement signed in February 2007 which would shut down North Korea's nuclear facility in return for economic aid and a security guarantee. Several appendices provide brief guides to the history of North Korea and the country's nuclear weapons program.

Suk Hi Kim, a professor of international finance, is the coordinator of finance and international business at the University of Detroit Mercy. The author of North Korea at a Crossroads (McFarland, 2003) and Global Corporate Finance, 6th Edition (2006), he is the editor of North Korean Review and the founding editor of Multinational Business Review. He lives in Plymouth, Michigan. Semoon Chang is a columnist for the Korea Times and the author and editor of several books. He is a professor of economics and director of the Center for Business and Economic Research at the University of South Alabama in Mobile, Alabama.