Peter Ward is a writer and researcher focusing on the North Korean economy, as well as a PhD candidate at the University of Vienna.
The event, originally planned for 1986, was pushed back, then shelved, and then finally revived and held in 2016
Recently-released publication offers a rare window into the world of the DPRK monetary policy
Facing crises, the DPRK attempted a crude imitation of the early 20th century economist's ideas
The "Field Responsibility System" gives bosses much greater incentives to innovate
The benefits are clear, but meeting the requirements would be too risky for Pyongyang
Subtle mentions of reforms in past years point to emphasis on science-based system
There are some unlikely parallels between the Golden Arches and the DPRK's nascent private sector
Economic crisis saw some companies turn to financial self-reliance - with little success
"Reform and opening-up" could be highly damaging to political stability
The sorry fates of former ROK heads of state could one day be visited on the Kims
Specialist news and analysis, research tools, and unique data sets
Internet Explorer is not compatible with this website. We instead recommend using Chrome, Edge, Firefox or Safari.
Microsoft ceased supporting IE 10 and older in 2016.
In addition, Microsoft cyber-security chief Chris Jackson has been urging users to stop using the browser since February 2019.
Join the influential community of members who rely on NK News original news and in-depth reporting
Enter your details below
Sign In Forgot Password?
Don't have an account? SIGN UP
Already have an account? SIGN IN
Please enter your username or email address. You will receive a link to create a new password via email.