April 28, 2024

ABOUT THE AUTHOR

Peter Ward

Peter Ward

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.

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
Analysis

From McDonald’s to Walmart: How North Korea can reinvent its economy

Large Western retail corporations could serve as a model for Pyongyang’s centrally-planned production

Peter WardPeter WardMarch 10, 2021
Analysis

North Korea’s economy is in a state of catastrophe, but the issue is decades-old

New data shows that the DPRK’s economic stagnation started much earlier than researchers previously thought

Peter WardPeter WardFebruary 26, 2021
Analysis

Open for business? North Korea can learn a lot from Cuba’s economic reforms

North Korea has a similar history to Cuba, but has lagged behind since the collapse of European communism in the 1990s

Peter WardPeter WardFebruary 17, 2021
Analysis

North Korea is fighting to take back control of its economy from the markets

Kim Jong Un steered his country away from economic reform at the recent Eighth Party Congress and Second Plenary Meeting

Peter WardPeter WardFebruary 16, 2021
Analysis

So far, North Korea’s new economic plan is full of bad signs

State media shared vague details about Party Congress economic reforms that suggest more state control on DPRK markets

Peter WardPeter WardJanuary 11, 2021
Analysis

After suffering major blows, North Korea will reluctantly lean on China in 2021

The COVID-19 pandemic appears to have accelerated North Korea’s crackdown on market activities

Peter WardPeter WardDecember 28, 2020
Analysis

North Korea’s workforce and capital is growing, but the results are still dire

New economic numbers from the Bank of Korea suggest that much of the country’s capital stock has gone to waste

Peter WardPeter WardDecember 9, 2020
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