October 02, 2022

About the author

Peter Ward

Peter Ward is a writer and researcher focusing on the North Korean economy, as well as a PhD candidate at the University of Vienna.

More articles by 'Peter Ward'

North Korean coal: Sanctions and stranded assets
NK PRO

North Korean coal: Sanctions and stranded assets

DPRK coal mines will have trouble making the kinds of profits they did in the 2010s even if the country fully reopens

North Korean coal: Sanctions and stranded assets
Peter Ward
Peter Ward November 5, 2021
What a seven-part series tells us about North Korea’s economy under Kim Jong Un
NK PRO

What a seven-part series tells us about North Korea’s economy under Kim Jong Un

Choson Sinbo says North Korea need not reform or open up thanks to ‘precious strategic resources’ like nuclear weapons

What a seven-part series tells us about North Korea’s economy under Kim Jong Un
Peter Ward
Peter Ward October 29, 2021
North Korea’s ambitious economic targets belie struggles on the ground
NK PRO

North Korea’s ambitious economic targets belie struggles on the ground

The DPRK’s latest five-year plan again sets unrealistic goals, as state media reports provide a veneer of success

North Korea’s ambitious economic targets belie struggles on the ground
Peter Ward
Peter Ward September 29, 2021
North Korea’s five-year strategy set outlandish targets for economic growth
NK PRO

North Korea’s five-year strategy set outlandish targets for economic growth

Officials aimed for 79% growth in some sectors, but the country’s own data shows it fell far short of this goal

North Korea’s five-year strategy set outlandish targets for economic growth
Peter Ward
Peter Ward July 23, 2021
North Korean documents suggest economy worse off than previously known
NK PRO

North Korean documents suggest economy worse off than previously known

DPRK’s Five-year Economic Strategy suggests country never fully recovered from ‘90s collapse, population has declined

North Korean documents suggest economy worse off than previously known
Peter Ward
Peter Ward July 15, 2021
Book review: ‘North Korea and the Geopolitics of Development’

Book review: ‘North Korea and the Geopolitics of Development’

New economic history provides excellent account of post-1990 period but is light on analysis of Eastern Bloc influence

Book review: ‘North Korea and the Geopolitics of Development’
Peter Ward
Peter Ward July 5, 2021
Risk analysis: North Korea faces crisis due to relentless COVID-19 controls
NK PRO

Risk analysis: North Korea faces crisis due to relentless COVID-19 controls

Food scarcity will exacerbate chronic hunger and could lead to starvation if prices and availability do not stabilize

Risk analysis: North Korea faces crisis due to relentless COVID-19 controls
Chad O'Carroll
Chad O'Carroll | Peter Ward June 23, 2021
North Korea’s foreign exchange market sees wild volatility over past few months
NK PRO

North Korea’s foreign exchange market sees wild volatility over past few months

Collapse of foreign currency prices could increase economic difficulties of North Korean households

North Korea’s foreign exchange market sees wild volatility over past few months
Peter Ward
Peter Ward June 21, 2021
North Korea continues to claw back control from the private economy
NK PRO

North Korea continues to claw back control from the private economy

After flirting with reformism, Kim Jong Un appears eager to return to central planning

North Korea continues to claw back control from the private economy
Peter Ward
Peter Ward May 17, 2021
Kim Jong Un’s battle with teen spirit, foreign media and bureaucracy goes public
NK PRO

Kim Jong Un’s battle with teen spirit, foreign media and bureaucracy goes public

Kim is no longer airing out his social concerns to just his close cadres or the party faithful

Kim Jong Un’s battle with teen spirit, foreign media and bureaucracy goes public
Peter Ward
Peter Ward May 4, 2021
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