Why Sanctions Will Have No Effect on North Korea

The North Korean rocket launch a week ago produced a predictable wave of diplomatic indignation. The United Nations Security Council held an emergency session, where diplomats from the US and its allies pressed for “strong condemnation”. There was no shortage of stern warnings coming from capitals worldwide. This diplomatic outburst seems to be a normal reaction. President Barack Obama, condemning the launch, said: “Words must mean something.” Indeed. However, the words of condemnation mean nothing.