North Korean trade networks have adapted to international sanctions through a variety of strategies to solve the problem of operating in a hostile environment at both the global level, and at the local level. At the global level, they have engaged in obfuscation of the nature of trade and...

Economic sanctions are a frequent instrument of foreign policy. In a diplomatic conflict, they aim to elicit a change in the policies of foreign governments by damaging their economy. However, sanctions are not costless for the sending economy, where domestic firms involved in business with the...