December 07, 2021

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.

NK PRO
Analysis

How has COVID-19 impacted North Korean market prices?

Foreign exchange, food and fuel all took different price swings during North Korea’s strict pandemic border controls

Peter WardPeter WardDecember 1, 2021
NK PRO
Analysis

North Korea warily eyes the markets that now dominate food distribution

Recently revealed changes to the Food Administration Act suggest efforts to reassert state control over grain sales

Peter WardPeter WardNovember 25, 2021
NK PRO
Analysis

Cold hard cash? Currency coupons give North Korea options with money supply

Inability to print cash likely behind coupons, but they also provide a safeguard for post-pandemic currency devaluation

Peter WardPeter WardNovember 10, 2021
NK PRO
Analysis

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

Peter WardPeter WardNovember 5, 2021
NK PRO
Analysis

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

Peter WardPeter WardOctober 29, 2021
NK PRO
Analysis

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

Peter WardPeter WardSeptember 29, 2021
NK PRO
Analysis

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

Peter WardPeter WardJuly 23, 2021
NK PRO
Analysis

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

Peter WardPeter WardJuly 15, 2021
Evergreen

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

Peter WardPeter WardJuly 5, 2021
NK PRO
Analysis

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

Chad O'CarrollChad O'Carroll | Peter WardJune 23, 2021
1 2 3 4 13