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December 05, 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.

Opinion

Could North Korea really join the International Monetary Fund?

The benefits are clear, but meeting the requirements would be too risky for Pyongyang

Peter WardPeter WardSeptember 27, 2018
Analysis

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

Peter WardPeter WardSeptember 25, 2018
Analysis

The Pyongyang Joint Declaration: some key takeaways

While missiles will grab headlines, the economic component may prove the most consequential

Peter WardPeter WardSeptember 19, 2018
Analysis

How North Korea fits into China’s Belt and Road Initiative

Obstacles to joining BRI remain despite existing investment relationship

Peter WardPeter WardSeptember 6, 2018
Analysis

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

Peter WardPeter WardSeptember 3, 2018
Analysis

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

Peter WardPeter WardAugust 19, 2018
Analysis

North Korean enterprise and collective farm reform: what next?

Property rights will require a major overhaul if the DPRK is to experience any real development

Peter WardPeter WardAugust 13, 2018
Analysis

Price setting in North Korea: From marketization to institutionalization

Analysis suggests the market has moved from the margins of the DPRK economy to the center

Peter WardPeter WardAugust 6, 2018
Features

How the famine years prompted North Korea’s first real enterprise reforms

Economic crisis saw some companies turn to financial self-reliance - with little success

Peter WardPeter WardJuly 5, 2018
Analysis

The black, the state-run, and the grey: three kinds of markets in N. Korea today

Business often takes place at the intersection of legality and illegality

Peter WardPeter WardJune 28, 2018