Sanctioning Ships and Slush Funds: Countering North Korea’s Illicit Maritime Trade

By Brian J. Liu, University of Pennsylvania



Over the past eleven years, the UN Security Council has enacted seven separate rounds of sanctions against the North Korean regime. By not only foreclosing the regime’s ability to finance and supply its nuclear program, but also curbing the personal profits North Korean elites enjoy from trade, pressure from economic sanctions—the thinking goes—ought to drive the regime back to the negotiation table on denuclearization. Yet despite the two most recent sanction resolutions targeting coal and rare earth minerals, two of its largest industries, North Korea has still shown no indication that it intends to voluntarily step back its nuclear program. 

Hoover Institution Summer Policy Boot Camp Director’s Award by Hoover Institution on Scribd

2017 HISPBC Director’s Award Recipients

Modernizing Health Care Regulations to Lower the Costs of Medical Services
By Kishan Bhatt, Princeton University

Revisiting “Too Big to Fail”: A Better Approach for Regulating Systemic Risk
By John McDonough, U.S. Treasury, Office of Financial Research

Strengthening Intellectual Property Rights
By Austin W. McLaughlin, Cornell University

Countering Russian Propaganda While Providing Local- Language Services in the V4
By Danni Ondraskova, Wellesley College

Instituting PLOP to Help Shore Up the RSA
By Davis Parker, University of Georgia