Content Author | NK PRO
July 16, 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.

Analysis

North Korea’s economy is in a state of catastrophe, but the issue is decades-old

New data shows that the DPRK’s economic stagnation started much earlier than researchers previously thought

Peter WardPeter WardFebruary 26, 2021
Analysis

Open for business? North Korea can learn a lot from Cuba’s economic reforms

North Korea has a similar history to Cuba, but has lagged behind since the collapse of European communism in the 1990s

Peter WardPeter WardFebruary 17, 2021
Analysis

North Korea is fighting to take back control of its economy from the markets

Kim Jong Un steered his country away from economic reform at the recent Eighth Party Congress and Second Plenary Meeting

Peter WardPeter WardFebruary 16, 2021
Analysis

So far, North Korea’s new economic plan is full of bad signs

State media shared vague details about Party Congress economic reforms that suggest more state control on DPRK markets

Peter WardPeter WardJanuary 11, 2021
Analysis

After suffering major blows, North Korea will reluctantly lean on China in 2021

The COVID-19 pandemic appears to have accelerated North Korea’s crackdown on market activities

Peter WardPeter WardDecember 28, 2020
Analysis

North Korea’s workforce and capital is growing, but the results are still dire

New economic numbers from the Bank of Korea suggest that much of the country’s capital stock has gone to waste

Peter WardPeter WardDecember 9, 2020
Analysis

North Korea is on a crusade against drugs, crime and ‘capitalist culture’

Recent events suggest that North Korea is trying to crack down on markets, foreign influence and "anti-socialist" acts

Peter WardPeter WardDecember 2, 2020
Analysis

Kim Jong Un is more worried about a military coup than a people’s revolt

Over the past eight years, the North Korean leader has made several changes to protect himself from a hypothetical coup

Peter WardPeter WardNovember 6, 2020
Analysis

North Korea’s radically changed currency policy could destabilize the economy

By all indications, the DPRK government is trying to limit the amount of North Korean Won in circulation

Peter WardPeter WardNovember 2, 2020
Analysis

What the World Food Programme doesn’t know about North Korean agriculture

It's impossible to track North Korea's food production system perfectly, but the WFP is missing several key points

Peter WardPeter WardOctober 19, 2020
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