Peter Ward is a research fellow at the Sejong Institute. His work focuses on North Korean politics, the economy and society. He has a Ph.D. from the University of Vienna.
Data offers some insights into a notoriously opaque system
A 2015 speech contained some frank admissions about the state of the North's finance sector
Recent reforms may be a step towards making DPRK enterprises more competitive on international markets
A legacy of the DPRK's past, the current system has some practical benefits
Official sources suggest employers have increased freedom to hand out bonuses and benefits
Official publications point to a growth in the range of transactions that SOEs can engage in
While missiles will grab headlines, the economic component may prove the most consequential
Obstacles to joining BRI remain despite existing investment relationship
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
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