October 23, 2020


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.


What the World Food Programme doesn’t know about North Korean agriculture

It's impossible to track North Korea's food production system perfectly, but the WFP is missing several key points

Peter Ward October 19, 2020

What North Korea can do right now to stave off a full-blown economic crisis

Kim Jong Un is dealing with natural disasters, sanctions and COVID-19 — but there are some solutions to consider

Peter Ward September 18, 2020

What North Korea’s abruptly announced five-year plan means for the economy

The last five-year economic plan was suddenly abandoned in 2020, but the DPRK now pledges to draw up a new one

Peter Ward August 21, 2020

North Korea is giving more power to farmers, but not without helping the elite

Major agricultural reforms aim to inspire farmers to produce more food, but not without age-old command and control

Peter Ward August 19, 2020

Who’s writing the rules of the North Korean economy?

A newly-obtained document detailing 2014 economic reforms reveals the government’s role in economic regulation

Peter Ward August 17, 2020

Why the COVID-19 crisis could actually benefit the North Korean economy

The benefits of growing U.S.-China tensions may outweigh the damage caused by the pandemic

Peter Ward July 17, 2020

North Korea is facing alarming bond issues, but there’s still hope

North Korea's bond issue risks economic ruin, but there's a good chance the blow will be lessened by compromise

Peter Ward June 23, 2020

Is North Korea privatizing its housing supply? In Rason, partially, yes

2018 regulations, now publicly-available, provide insight as to how similar rules could work in non-SEZ areas

Peter Ward May 26, 2020

North Korea’s changing economy: the view from the markets

Amid a wider crackdown on private activity, it appears there is ongoing discussion on the role of markets in the country

Peter Ward May 13, 2020

Why North Korea’s economy could see a return to rapid inflation soon

News of plans for a government bond issuance suggests major price instability could be on the horizon

Peter Ward May 1, 2020
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