ABOUT THE AUTHOR
More articles by 'Peter Ward'
The unique ways that capital is allocated in North Korea
The DPRK relies on Soviet-style state-directed development, with regular households expected to make up the rest
February 18, 2022
The price is right: How North Korea has sought to rein in market forces
Recent DPRK research points to tighter regulations, likely to prevent price wars and manage competition between firms
February 8, 2022
Why North Koreans make the rational choice to accept state repression
The DPRK’s crackdown on foreign media can make ignorance the best option, but it also comes at high cost to the regime
January 25, 2022
Kim Jong Un’s plenum speech displays striking lack of new economic ideas
North Korea is prioritizing central control, rolling back reforms in ways that hurt markets and economic autonomy
January 1, 2022
In officially tax-free North Korea, where does the state get its money?
The DPRK has multiple revenue sources, including taxes, that have both positive and negative impacts on the economy
December 30, 2021
What the North Korean economy will look like over the next 10 years
Kim Jong Un will likely continue rolling back tepid reforms, with potentially disastrous consequences for marketization
December 23, 2021
How Kim Jong Un uses party committee memberships to manage Pyongyang’s elite
Political and military elites in North Korea appear to rotate in and out of power much more frequently under Kim
December 14, 2021
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
December 1, 2021
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
November 25, 2021
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
November 10, 2021
