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New Market Report Now Available: South Korea Defence & Security Report Q4 2010

New Defense research report from Business Monitor International is now available from Fast Market Research

 
PRLog - Oct. 18, 2010 - South Korea faces real risks in its security environment and as such it defence spending continues to grow. Expenditure is expected to increase to US$32bn in 2010 - a substantial increase from 2009 levels of US$26bn.

North Korea presents the greatest threat at present with ongoing nuclear disputes still causing friction. Despite the disputes having been a feature of regional security for over 20 years, there has been little resolution. Testing of long-range Taepodong missiles by North Korea as recently as 2009 has added concern for analysts. Meanwhile, the sinking of the South Korean corvette Cheonan on March 26, 2010, as the result of a torpedo attack by the North Korean navy has seriously exacerbated the situation.

The defence industry in South Korea is in robust shape, however, thanks to years of increasing investment and international collaboration. The T-50 Golden Eagle supersonic trainer jet are expected to play an essential part of the country's export mix. The jet, built jointly by Korea Aerospace Industries (KAI) and Lockheed Martin of the US, has received numerous orders to date with many headed for Iraq.

The joint military drills between the United States and South Korea, launched in response to North Korea's sinking of a South Korean warship, are set to heighten regional tensions and further strain USChina military ties. What is more our short-term political rating for North Korea is still high at 73.5, reflecting our belief that policy continuity will prevail, at least in the initial aftermath of Kim Jong Il's retirement or death. Our long-term political ratings (LTPR) is much lower, at 55.1, because we do not envisage such a totalitarian regime being maintained ad infinitum.

Although we expect robust economic activity momentum to support private sector employment over the coming months, we maintain a forecast of a 3.9% unemployment rate by end-2010. The defence industry has been a key driver of economic recovery with the government boosting manufacturing production by spending 60% of budgeted defence expenditure in the first half of the current fiscal year,

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/88527_south_korea_defence_secu...

Report Table of Contents:

Executive Summary
SWOT Analysis
- South Korea Security SWOT
- South Korea Defence Industry SWOT
- South Korea Political SWOT
- South Korea Economic SWOT
- South Korea Business Environment SWOT
Global Political Outlook
- Global Hotspots
- Table: Election Timetable, H210-2011
- United States: Obama To Be Tested By Mid-Term Elections
- Latin America: Beyond Lula
- Western Europe: All About Austerity
- Central Europe: New Governments To Be Tested
- South-East Europe: Turkey's Ongoing Evolution
- Russia And The Former Soviet Union: Focus On Security
- Middle East: Ongoing Challenges
- Sub-Saharan Africa: The Election Conundrum
- Asia: The Usual Risks Prevail
- Wild Cards To Watch
North East Asia Security Overview
- The Strategic Outlook for The 2010s
- Flashpoints and Faultlines in North East Asia
- The Taiwan Strait
- Disputed Islands
- The Evolution of North East Asia
Political Overview
- Domestic Politics
- Foreign Policy
- Long-Term Political Outlook
Security Risk Analysis
- BMI's Security Ratings
- Table: Asia Pacific Regional Security Ratings
- Table: Asia Pacific State Vulnerability To Terrorism Index
- South Korea's Security Risk
- City Terrorism Rating
- Table: BMI's Asia City Terrorism Index
Security Overview
- Internal Security Situation
- External Security Situation
Armed Forces and Government Spending
- Armed Forces
- Table: Regional Armed Forces, 2010 Forecast (including conscripted, '000 personnel)
- International Deployments
- Table: South Korea's Deployments
- Weapons of Mass Destruction
Market Overview
- Arms Trade Overview
- Industry Trends and Developments
- Procurement Trends And Developments
- Competitive Landscape
- Table: South Korea's Defence Sector Key Players
Industry Forecast Scenario
- Table: South Korea's Armed Forces, 2007-2014 ('000 personnel)
- Table: South Korea's Government Defence Expenditure, 2007-2014
- Industry Future
- Key Risks To BMI's Forecast Scenario
- Macroeconomic Forecast
- South Korea - Economic Activity
Company Profiles
- Doosan Heavy Industries & Construction
- Daewoo Shipbuilding & Marine Engineering (DSME)
- Korea Aerospace Industries (KAI)
- Samsung Thales
Country Snapshot: South Korea Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 2001-2006
- Table: Consumer Expenditure, 2000-2012 (US$)
- Table: Average Annual Wages, 2000-2012
BMI Methodology
- How We Generate Our Industry Forecasts
- Defence Industry
- City Terrorism Rating
- Table: Methodology
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

# # #

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

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Tags:security, defence, Asia, Terrorism, armed, north, ratings, city, kai, disputes
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