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More articles by 'Peter Ward'
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
Could North Korea really join the International Monetary Fund?
The benefits are clear, but meeting the requirements would be too risky for Pyongyang
September 27, 2018
Markets under Kim Jong Un: understanding the new scope of DPRK enterprise
Official publications point to a growth in the range of transactions that SOEs can engage in
September 25, 2018
The Pyongyang Joint Declaration: some key takeaways
While missiles will grab headlines, the economic component may prove the most consequential
September 19, 2018
How North Korea fits into China’s Belt and Road Initiative
Obstacles to joining BRI remain despite existing investment relationship
September 6, 2018
How N. Korean literature offers hints at major agricultural reforms taking place
Subtle mentions of reforms in past years point to emphasis on science-based system
September 3, 2018
What McDonald’s can teach us about the North Korean economy
There are some unlikely parallels between the Golden Arches and the DPRK's nascent private sector
August 19, 2018
