Working Paper Series WP 09-4 July 2009 Sanctioning North Korea: The Political Economy of Denuclearization and Proliferation Stephan Haggard and Marcus Noland Abstract As a small country dependent on foreign trade and investment‚ North Korea should be highly vulnerable to external economic pressure. In June 2009‚ following North Korea’s second nuclear test‚ the UN Security Council passed Resolution 1874‚ broadening existing economic sanctions and tightening their enforcement. However
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Bibliography: Freehling‚ William W. The South vs. the South: How Anti-Confederate Southerners Shaped the Course of the Civil War. New York: Oxford UP‚ 2001. Print.
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Korea is a country that has been successful in developing many industries‚ especially those of technology and education‚ within a short period of time. Korea’s advancement in mass media has been quite remarkable in the recent years. In addition‚ Korean pop music‚ also known as “K-Pop‚” is spreading all around the world‚ causing people’s interest in Korean culture to grow. Moreover‚ as Korea becomes more well-known for its entertainment industry‚ residents of other countries consider Korea as a tourist
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2013/04/23 North Korea Threats to World Peace North Korea is one of the country in nowadays world that still have a system of totalitarianism and a communist state country‚ also a “military first” based country. In 2006‚ the first time mentioned that North Korea has a nuclear weapon test‚ it gives the whole world a nuclear strike threat. Since‚ Kim Jung-un became the supreme leader of North Korea‚ the military of North Korea has become stronger daily‚ and in recent months North Korea gave the whole
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another region. One of them is because of their economic status. A country that is greatly affected by the economic system is North Korea. Statistically shown‚ Its GDP is about 40 billion dollars and the growth is only 3.9% in 2009. It is 1/30 of South Korea’s GDP which is 1164 trillion and the population of North Korea is 24 million which more than half of South Korea’s population. North Korea’s communism is the biggest push factor for illegal emigrants. Communism is a social system to create
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Porter’s Five Forces Model versus A Blue Ocean Strategy Porter’s Five Forces Model‚ provided by Michael Porter‚ is an external environmental analysis tool for a specific market. This model emphasizes that in any existing industry‚ there are five competition forces: threat of new entrants‚ power of suppliers‚ power of customers‚ threat of substitute products‚ and intensity of competitive rivalry. In addition‚ these five forces can influence and determine the profitability of the enterprise. Using
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Scared. Humiliated. Desperate. Impulsive. Dangerous. All of these describe the situation that plagues North Korea today as it continues to suffer from a decades old Communist regime. Their leader‚ Kim Jong-un‚ stands alone against a host of condemning accusations from Western nations and the United Nations. His government consists entirely of backwards people-pleasers who keep North Korea in the dark from ever developing into any sort of modern nation. The people are starving to death‚ arrested for
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1953) had happened between South Korea and North Korea. South Korea was supported by the United Nations and North Korea was supported by China and the Soviet Union. The war was terribly continued till 1953 and both sides had suffered heavy casualties as follows. South North Dead 178‚426 367‚283-750‚282 Missing 32‚925 Wounded 566‚434 686‚500-789‚000 Apparently‚ this war broke out because political border between North and South Korea tensed and it deepened the
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Political and legal impacts on doing business in Korea Korea is known as a country that showed miraculous economic growth‚ and considered one of the four tiger economies of Asia. Since the 1950s‚ South Korea has built a modern‚ internationally oriented industrial economy largely from scratch. This economy‚ the fourth-largest economies (after China‚ Japan and India) in Asia (World Bank 2014) is based on low –cost‚ high quality export production. Between the late 1980 and 1990s‚ the country has
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Porter’s 5 Forces Introduction The model of the Five Competitive Forces was developed by Michael E. Porter in his book „Competitive Strategy: Techniques for Analyzing Industries and Competitors“in 1980. Since that time it has become an important tool for analyzing an organizations industry structure in strategic processes. Porter’s model is based up on the insight that a corporate strategy should meet the opportunities and threats in the organizations external environment. Competitive
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