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April 19, 2025Apr 19, 2025

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

What North Korea’s abruptly announced five-year plan means for the economy

The last five-year economic plan was suddenly abandoned in 2020, but the DPRK now pledges to draw up a new one

Peter WardPeter WardAugust 21, 2020
Analysis

North Korea is giving more power to farmers, but not without helping the elite

Major agricultural reforms aim to inspire farmers to produce more food, but not without age-old command and control

Peter WardPeter WardAugust 19, 2020
Analysis

Who’s writing the rules of the North Korean economy?

A newly-obtained document detailing 2014 economic reforms reveals the government’s role in economic regulation

Peter WardPeter WardAugust 17, 2020
Analysis

Why the COVID-19 crisis could actually benefit the North Korean economy

The benefits of growing U.S.-China tensions may outweigh the damage caused by the pandemic

Peter WardPeter WardJuly 17, 2020
Analysis

North Korea is facing alarming bond issues, but there’s still hope

North Korea's bond issue risks economic ruin, but there's a good chance the blow will be lessened by compromise

Peter WardPeter WardJune 23, 2020
Analysis

Is North Korea privatizing its housing supply? In Rason, partially, yes

2018 regulations, now publicly-available, provide insight as to how similar rules could work in non-SEZ areas

Peter WardPeter WardMay 26, 2020
Opinion

No, you’re the puppet: why North Korea isn’t a Chinese satellite

The ruling Kim family has kept their Beijing benefactors close, but far enough as not to invite unwanted interference

Andrei LankovAndrei Lankov | Peter WardMay 14, 2020
Analysis

North Korea’s changing economy: the view from the markets

Amid a wider crackdown on private activity, it appears there is ongoing discussion on the role of markets in the country

Peter WardPeter WardMay 13, 2020
Opinion

Why Kim Jong Un likely won’t be naming a successor anytime soon

Despite his manifest health issues, the North Korean leader likely knows that doing so could provoke a power struggle

Andrei LankovAndrei Lankov | Peter WardMay 10, 2020
Opinion

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 WardPeter WardMay 7, 2020
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