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.
The benefits are clear, but meeting the requirements would be too risky for Pyongyang
Official publications point to a growth in the range of transactions that SOEs can engage in
While missiles will grab headlines, the economic component may prove the most consequential
Obstacles to joining BRI remain despite existing investment relationship
Subtle mentions of reforms in past years point to emphasis on science-based system
There are some unlikely parallels between the Golden Arches and the DPRK's nascent private sector
Property rights will require a major overhaul if the DPRK is to experience any real development
Analysis suggests the market has moved from the margins of the DPRK economy to the center
Economic crisis saw some companies turn to financial self-reliance - with little success
Business often takes place at the intersection of legality and illegality
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