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.

Featured Content

Trust, but verify: what the media got right about Kim Jong Un’s health

Criticism of recent coverage fails to appreciate the day-to-day realities of reporting on North Korea

Peter Ward May 7, 2020
NK PRO
Analysis

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
NK PRO
Analysis

North Korea’s changing economy: the view from the foreign trade sector

Reform, retrenchment, or continuity? Open source data offers some insights

Peter Ward April 17, 2020
NK PRO
Analysis

What we can learn from North Korea’s opaque 2019 official economic figures

Aside from a few cherry-picked figures, the lack of numbers suggest the DPRK economy is still struggling to grow

Peter Ward April 15, 2020
NK PRO
Analysis

Change and consistency in North Korean markets: domestic vs global food prices

Food prices appear to be declining when compared to global benchmarks, which is good news for the average North Korean

Peter Ward April 9, 2020
NK PRO
Analysis

North Korea’s economy and the coronavirus: current fallout and future unknowns

The DPRK has experienced a supply shock in its food and fuel markets, with greater impact likely further down the line

Peter Ward March 18, 2020
NK PRO
Analysis

North Korean official claims about child nutrition: what the data shows

Data suggests remarkable improvement since the late 1990s, despite stagnant levels of food supply per capita

Peter Ward February 13, 2020
NK PRO
Analysis

Kim Jong Un’s claims of a “bumper harvest” in North Korea: what the data shows

Market data indicates food prices remain low and stable, could support DPRK leadership's claims

Peter Ward January 17, 2020
NK PRO
Analysis

“Belt-tightening” ahead? The North Korean economy at the party plenum

Concrete details were thin on the ground, though the state's new "Prospective Goals" are worth watching

Peter Ward January 6, 2020
NK PRO
Analysis

North Korea’s exchange rate regime: understanding a silent revolution

Since 2013, 'three-and-a-half' rates, including a previously illegal market exchange rate, have entered into use

Peter Ward December 27, 2019
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