Peter Ward | NK News
NK News Logo
May 02, 2025May 02, 2025

About the author

Peter Ward

Peter Ward

Peter Ward is a research fellow at the Sejong Institute. His work focuses on North Korean politics, the economy and society. He has a Ph.D. from the University of Vienna.

More articles by 'Peter Ward'

The North Korean economy in October 2018: An overview
NK PRO

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

The North Korean economy in October 2018: An overview
Peter Ward
Peter Ward November 11, 2018
A North Korea-Cuba summit: why it matters
NK PRO

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

A North Korea-Cuba summit: why it matters
Peter Ward
Peter Ward November 7, 2018
How North Korea’s Foreign Trade Bank sets official exchange rates
NK PRO

How North Korea’s Foreign Trade Bank sets official exchange rates

Data offers some insights into a notoriously opaque system

How North Korea’s Foreign Trade Bank sets official exchange rates
Peter Ward
Peter Ward November 6, 2018
Nepotism, dysfunction, and corruption: the leader’s complaints about DPRK banking
NK PRO

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

Nepotism, dysfunction, and corruption: the leader’s complaints about DPRK banking
Peter Ward
Peter Ward November 1, 2018
North Korea’s foreign trade system: big players and a gradual opening-up
NK PRO

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

North Korea’s foreign trade system: big players and a gradual opening-up
Peter Ward
Peter Ward October 19, 2018
When North Korea experimented, unsuccessfully, with old-school Keynesianism

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

When North Korea experimented, unsuccessfully, with old-school Keynesianism
Peter Ward
Peter Ward October 17, 2018
One country, two systems: explaining North Korea’s dual exchange rates
NK PRO

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

One country, two systems: explaining North Korea’s dual exchange rates
Peter Ward
Peter Ward October 12, 2018
Masters of the farm: North Korea’s new agricultural entrepreneurs

Masters of the farm: North Korea’s new agricultural entrepreneurs

The "Field Responsibility System" gives bosses much greater incentives to innovate

Masters of the farm: North Korea’s new agricultural entrepreneurs
Peter Ward
Peter Ward October 8, 2018
Paid in full: North Korea’s changing wage system
NK PRO

Paid in full: North Korea’s changing wage system

Official sources suggest employers have increased freedom to hand out bonuses and benefits

Paid in full: North Korea’s changing wage system
Peter Ward
Peter Ward October 1, 2018
Could North Korea really join the International Monetary Fund?

Could North Korea really join the International Monetary Fund?

The benefits are clear, but meeting the requirements would be too risky for Pyongyang

Could North Korea really join the International Monetary Fund?
Peter Ward
Peter Ward September 27, 2018
1 13 14 15 16 17 18 19 21