March 28, 2024

ABOUT THE AUTHOR

Peter Ward

Peter Ward

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.

Analysis

North Korea’s five-year strategy set outlandish targets for economic growth

Officials aimed for 79% growth in some sectors, but the country’s own data shows it fell far short of this goal

Peter WardPeter WardJuly 23, 2021
Analysis

North Korean documents suggest economy worse off than previously known

DPRK’s Five-year Economic Strategy suggests country never fully recovered from ‘90s collapse, population has declined

Peter WardPeter WardJuly 15, 2021
Evergreen

Book review: ‘North Korea and the Geopolitics of Development’

New economic history provides excellent account of post-1990 period but is light on analysis of Eastern Bloc influence

Peter WardPeter WardJuly 5, 2021
Analysis

Risk analysis: North Korea faces crisis due to relentless COVID-19 controls

Food scarcity will exacerbate chronic hunger and could lead to starvation if prices and availability do not stabilize

Chad O'CarrollChad O'Carroll | Peter WardJune 23, 2021
Analysis

North Korea’s foreign exchange market sees wild volatility over past few months

Collapse of foreign currency prices could increase economic difficulties of North Korean households

Peter WardPeter WardJune 21, 2021
Analysis

North Korea continues to claw back control from the private economy

After flirting with reformism, Kim Jong Un appears eager to return to central planning

Peter WardPeter WardMay 17, 2021
Analysis

Kim Jong Un’s battle with teen spirit, foreign media and bureaucracy goes public

Kim is no longer airing out his social concerns to just his close cadres or the party faithful

Peter WardPeter WardMay 4, 2021
Analysis

How renewed North Korean border trade will affect currency, food and fuel

Mounting evidence suggests that North Korea will soon allow more imports into the country

Peter WardPeter WardApril 21, 2021
Analysis

North Korea is ordering small-time secretaries to clean up its ideological mess

DPRK leader Kim Jong Un gave a speech to party cell secretaries last week at a special conference

Peter WardPeter WardApril 13, 2021
Analysis

North Korea is sending mixed signals about the state of its market reforms

North Korea hinted that it was going to exert more state control over the economy, but is that really happening?

Peter WardPeter WardMarch 29, 2021
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