December 05, 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'

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
How renewed North Korean border trade will affect currency, food and fuel
NK PRO

How renewed North Korean border trade will affect currency, food and fuel

Mounting evidence suggests that North Korea will soon allow more imports into the country

How renewed North Korean border trade will affect currency, food and fuel
Peter Ward
Peter Ward April 21, 2021
North Korea is ordering small-time secretaries to clean up its ideological mess
NK PRO

North Korea is ordering small-time secretaries to clean up its ideological mess

DPRK leader Kim Jong Un gave a speech to party cell secretaries last week at a special conference

North Korea is ordering small-time secretaries to clean up its ideological mess
Peter Ward
Peter Ward April 13, 2021
North Korea is sending mixed signals about the state of its market reforms
NK PRO

North Korea is sending mixed signals about the state of its market reforms

North Korea hinted that it was going to exert more state control over the economy, but is that really happening?

North Korea is sending mixed signals about the state of its market reforms
Peter Ward
Peter Ward March 29, 2021
From McDonald’s to Walmart: How North Korea can reinvent its economy
NK PRO

From McDonald’s to Walmart: How North Korea can reinvent its economy

Large Western retail corporations could serve as a model for Pyongyang’s centrally-planned production

From McDonald’s to Walmart: How North Korea can reinvent its economy
Peter Ward
Peter Ward March 10, 2021
North Korea’s economy is in a state of catastrophe, but the issue is decades-old
NK PRO

North Korea’s economy is in a state of catastrophe, but the issue is decades-old

New data shows that the DPRK’s economic stagnation started much earlier than researchers previously thought

North Korea’s economy is in a state of catastrophe, but the issue is decades-old
Peter Ward
Peter Ward February 26, 2021
Open for business? North Korea can learn a lot from Cuba’s economic reforms
NK PRO

Open for business? North Korea can learn a lot from Cuba’s economic reforms

North Korea has a similar history to Cuba, but has lagged behind since the collapse of European communism in the 1990s

Open for business? North Korea can learn a lot from Cuba’s economic reforms
Peter Ward
Peter Ward February 17, 2021
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