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More articles by 'Peter Ward'
The Kwangbok Area Commerce Center: a model for North Korea’s retail future?
A Pyongyang shopping mall offers hints at a long-term state strategy to undercut private markets
Daily NK and NK Pro foreign exchange rate data: a tale of two markets?
Taken together, the figures offer a revealing picture of short-term changes in DPRK monetary policy
North Korea’s fluctuating exchange rates: space for arbitrage opportunities?
Data suggests the DPRK forex market holds potential for profits, and risks, for individuals and state actors
The North Korean economy in October 2018: An overview
The DPRK continues to evince stability and continuity, in spite of continued sanctions and worse than hoped for harvests
A North Korea-Cuba summit: why it matters
From economic reform to U.S. sanctions, President Díaz-Canel and Kim Jong Un likely had plenty to discuss
How North Korea’s Foreign Trade Bank sets official exchange rates
Data offers some insights into a notoriously opaque system
Nepotism, dysfunction, and corruption: the leader’s complaints about DPRK banking
A 2015 speech contained some frank admissions about the state of the North's finance sector
North Korea’s foreign trade system: big players and a gradual opening-up
Recent reforms may be a step towards making DPRK enterprises more competitive on international markets
When North Korea experimented, unsuccessfully, with old-school Keynesianism
Facing crises, the DPRK attempted a crude imitation of the early 20th century economist's ideas
One country, two systems: explaining North Korea’s dual exchange rates
A legacy of the DPRK's past, the current system has some practical benefits