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More articles by 'Peter Ward'
In officially tax-free North Korea, where does the state get its money?
The DPRK has multiple revenue sources, including taxes, that have both positive and negative impacts on the economy
December 30, 2021
What the North Korean economy will look like over the next 10 years
Kim Jong Un will likely continue rolling back tepid reforms, with potentially disastrous consequences for marketization
December 23, 2021
How Kim Jong Un uses party committee memberships to manage Pyongyang’s elite
Political and military elites in North Korea appear to rotate in and out of power much more frequently under Kim
December 14, 2021
How has COVID-19 impacted North Korean market prices?
Foreign exchange, food and fuel all took different price swings during North Korea’s strict pandemic border controls
December 1, 2021
North Korea warily eyes the markets that now dominate food distribution
Recently revealed changes to the Food Administration Act suggest efforts to reassert state control over grain sales
November 25, 2021
Cold hard cash? Currency coupons give North Korea options with money supply
Inability to print cash likely behind coupons, but they also provide a safeguard for post-pandemic currency devaluation
November 10, 2021
North Korean coal: Sanctions and stranded assets
DPRK coal mines will have trouble making the kinds of profits they did in the 2010s even if the country fully reopens
November 5, 2021
What a seven-part series tells us about North Korea’s economy under Kim Jong Un
Choson Sinbo says North Korea need not reform or open up thanks to ‘precious strategic resources’ like nuclear weapons
October 29, 2021
North Korea’s ambitious economic targets belie struggles on the ground
The DPRK’s latest five-year plan again sets unrealistic goals, as state media reports provide a veneer of success
September 29, 2021
North Korea’s five-year strategy set outlandish targets for economic growth
Officials aimed for 79% growth in some sectors, but the country’s own data shows it fell far short of this goal
July 23, 2021
