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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.

More articles by 'Peter Ward'

The North Korean financial system under Kim Jong Un: change and diversification
NK PRO

The North Korean financial system under Kim Jong Un: change and diversification

DPRK banking has undergone major structural reforms in the past decade

The North Korean financial system under Kim Jong Un: change and diversification
Peter Ward
Peter Ward February 11, 2019
Management and enterprise strategy: a watchword in the North Korean economy today
NK PRO

Management and enterprise strategy: a watchword in the North Korean economy today

Firms are increasingly encouraged to advertise their commercial ambitions

Management and enterprise strategy: a watchword in the North Korean economy today
Peter Ward
Peter Ward January 31, 2019
The North Korean economy in the New Year’s speech: signs of a shifting focus
NK PRO

The North Korean economy in the New Year’s speech: signs of a shifting focus

Examining past addresses offers some hints at changing priorities

The North Korean economy in the New Year’s speech: signs of a shifting focus
Peter Ward
Peter Ward January 14, 2019
The New Year’s speech: what it means for the DPRK’s diplomacy and economy
NK PRO

The New Year’s speech: what it means for the DPRK’s diplomacy and economy

Kim Jong Un's address served to re-emphasize the key themes of his leadership in 2018

The New Year’s speech: what it means for the DPRK’s diplomacy and economy
Oliver Hotham
Oliver Hotham | Peter Ward January 1, 2019
Death and taxes: the North Korean state revenue system
NK PRO

Death and taxes: the North Korean state revenue system

The state has a range of tools to generate funds from enterprises and individuals

Death and taxes: the North Korean state revenue system
Peter Ward
Peter Ward December 20, 2018
The Kwangbok Area Commerce Center: a model for North Korea’s retail future?
NK PRO

The Kwangbok Area Commerce Center: a model for North Korea’s retail future?

A Pyongyang shopping mall offers hints at a long-term state strategy to undercut private markets

The Kwangbok Area Commerce Center: a model for North Korea’s retail future?
Peter Ward
Peter Ward December 13, 2018
Daily NK and NK Pro foreign exchange rate data: a tale of two markets?
NK PRO

Daily NK and NK Pro foreign exchange rate data: a tale of two markets?

Taken together, the figures offer a revealing picture of short-term changes in DPRK monetary policy

Daily NK and NK Pro foreign exchange rate data: a tale of two markets?
Peter Ward
Peter Ward November 19, 2018
North Korea’s fluctuating exchange rates: space for arbitrage opportunities?
NK PRO

North Korea’s fluctuating exchange rates: space for arbitrage opportunities?

Data suggests the DPRK forex market holds potential for profits, and risks, for individuals and state actors

North Korea’s fluctuating exchange rates: space for arbitrage opportunities?
Peter Ward
Peter Ward November 14, 2018
The North Korean economy in October 2018: An overview
NK PRO

The North Korean economy in October 2018: An overview

The DPRK continues to evince stability and continuity, in spite of continued sanctions and worse than hoped for harvests

The North Korean economy in October 2018: An overview
Peter Ward
Peter Ward November 11, 2018
A North Korea-Cuba summit: why it matters
NK PRO

A North Korea-Cuba summit: why it matters

From economic reform to U.S. sanctions, President Díaz-Canel and Kim Jong Un likely had plenty to discuss

A North Korea-Cuba summit: why it matters
Peter Ward
Peter Ward November 7, 2018
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