Peter Ward is a senior researcher at Kookmin University, a writer and researcher focusing on the North Korean economy, and holds a Ph.D. from the University of Vienna.
Subtle mentions of reforms in past years point to emphasis on science-based system
There are some unlikely parallels between the Golden Arches and the DPRK's nascent private sector
Property rights will require a major overhaul if the DPRK is to experience any real development
Analysis suggests the market has moved from the margins of the DPRK economy to the center
Economic crisis saw some companies turn to financial self-reliance - with little success
Business often takes place at the intersection of legality and illegality
Building trust will require compromises, but potential solutions available
Mining, finance, and infrastructure could be lucrative industries when - and if - sanctions are relieved
Analysis shows enterprises have been granted unparalleled fiscal autonomy in certain areas of activity
"Reform and opening-up" could be highly damaging to political stability
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