Content Author | NK PRO
July 16, 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

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

Oliver HothamOliver Hotham | Peter WardJanuary 1, 2019
Analysis

Death and taxes: the North Korean state revenue system

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

Peter WardPeter WardDecember 20, 2018
Analysis

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

Peter WardPeter WardDecember 13, 2018
Analysis

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

Peter WardPeter WardNovember 19, 2018
Analysis

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

Peter WardPeter WardNovember 14, 2018
Analysis

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

Peter WardPeter WardNovember 11, 2018
Analysis

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

Peter WardPeter WardNovember 7, 2018
Analysis

How North Korea’s Foreign Trade Bank sets official exchange rates

Data offers some insights into a notoriously opaque system

Peter WardPeter WardNovember 6, 2018
Analysis

Nepotism, dysfunction, and corruption: the leader’s complaints about DPRK banking

A 2015 speech contained some frank admissions about the state of the North's finance sector

Peter WardPeter WardNovember 1, 2018
Analysis

North Korea’s foreign trade system: big players and a gradual opening-up

Recent reforms may be a step towards making DPRK enterprises more competitive on international markets

Peter WardPeter WardOctober 19, 2018
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