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More articles by 'Peter Ward'
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
November 14, 2018
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
November 11, 2018
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
November 7, 2018
How North Korea’s Foreign Trade Bank sets official exchange rates
Data offers some insights into a notoriously opaque system
November 6, 2018
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
November 1, 2018
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
October 19, 2018
When North Korea experimented, unsuccessfully, with old-school Keynesianism
Facing crises, the DPRK attempted a crude imitation of the early 20th century economist's ideas
October 17, 2018
One country, two systems: explaining North Korea’s dual exchange rates
A legacy of the DPRK's past, the current system has some practical benefits
October 12, 2018
Masters of the farm: North Korea’s new agricultural entrepreneurs
The "Field Responsibility System" gives bosses much greater incentives to innovate
October 8, 2018
Paid in full: North Korea’s changing wage system
Official sources suggest employers have increased freedom to hand out bonuses and benefits
October 1, 2018
