March 04, 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

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
NK PRO
Analysis

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
NK PRO
Analysis

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
NK PRO
Analysis

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
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Analysis

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
NK PRO
Analysis

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
NK PRO
Analysis

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
Featured Content

No, you’re the puppet: why North Korea isn’t a Chinese satellite

The ruling Kim family has kept their Beijing benefactors close, but far enough as not to invite unwanted interference

Andrei Lankov| Peter Ward May 14, 2020
NK PRO
Analysis

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
Featured Content

Why Kim Jong Un likely won’t be naming a successor anytime soon

Despite his manifest health issues, the North Korean leader likely knows that doing so could provoke a power struggle

Andrei Lankov| Peter Ward May 10, 2020
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