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.
Aside from a few cherry-picked figures, the lack of numbers suggest the DPRK economy is still struggling to grow
Food prices appear to be declining when compared to global benchmarks, which is good news for the average North Korean
The DPRK has experienced a supply shock in its food and fuel markets, with greater impact likely further down the line
Data suggests remarkable improvement since the late 1990s, despite stagnant levels of food supply per capita
Market data indicates food prices remain low and stable, could support DPRK leadership's claims
Concrete details were thin on the ground, though the state's new "Prospective Goals" are worth watching
Since 2013, 'three-and-a-half' rates, including a previously illegal market exchange rate, have entered into use
Relatively unimportant before marketization, the Central Bank's rise reflects the increasing power of money in the DPRK
Recent revisions to Foreign Trade Act point to a rollback of key planks in the Kim Jong Un-era reform agenda
The event, originally planned for 1986, was pushed back, then shelved, and then finally revived and held in 2016
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