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Chile Defence & Security Report 2011: New research report available at Fast Market Research

Recently published research from Business Monitor International, "Chile Defence & Security Report 2011", is now available at Fast Market Research

Jan. 9, 2011 - PRLog -- Chile is the second biggest per capita arms importer in the Americas, and the 11th largest in the world, according to the Stockholm International Peace Research Institute (SIPRI), in March 2010. Chile's defence budget nearly doubled between 1997 and 2007, and expenditure is likely to rise steadily over the coming years, particularly as the country is economically in rude health.

In defence budget cash terms, Chile ranked third in Latin America in 2008, with an outlay of US$6bn, compared to US$23.3bn in Brazil and US$9.1bn in Colombia. Chile has been undertaking an armed forces modernisation programme, involving several major import deals. The purchases have not been well received, however, by the country's neighbours, with which it has occasionally fractious relationships, though the risk of armed conflict with them is very low indeed. Chile's growing military expenditure can partly be attributed to rising global copper prices, as the armed forces are automatically granted 10% of sales revenues (not profits) made by state-owned Codelco, the world's largest copper producer, under the 1958 Copper Law. The government plans to revise the military procurement stipulation, and is preparing a new draft reform of the legislation. The new draft, which may be put to parliament by end-2010, proposes 12-year cycles of procurement planning, with budget allocations in four-year cycles. It remains to be seen how effective this would be in the case of a sudden demand on military resources, for example a war, regional conflict or a large-scale humanitarian crisis.

The Chilean Air Force has been a beneficiary of generous spending. It aims to have a fleet of 44 fighterbombers (according to a report by MercoPress, all F-16s) by 2011. Fighter-bombers are increasingly used by emerging-market air forces, partly due to their adaptability, which suits militaries with relatively modest resources. Chilean officials assert that, despite some regional tensions in South America and concerns about the stability of some of Chile's near-neighbours, the country is merely renewing its fleet, rather than seriously expanding its military capacity.

Internally, there is a continued low-level threat from the indigenous Mapuche group, which feels that it has been poorly treated by the central government. The government promised to look into revising terrorism charges made against Mapuche activisits and anti-terror legislation. Changes could limit the security forces' ability to manoeuvre, but would bring the country closer into line with international norms and perhaps assuage public (and particularly minority) dissatisfaction with the status quo.

The Mapuche-related unrest is not a major security threat for Chile, though the ethnic group makes up a small but significant proportion of the population. However, the broad interpretation of 'terrorism', which includes setting fire to timber shipments, and allegations of police brutality, could affect the country's international image. Meanwhile, the incidents of violence and criminal damage occupy security forces that could be deployed elsewhere and are thought to have had a negative impact on Chile's tourism sector.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/106478_chile_defence_security_...

Partial Table of Contents:

Executive Summary
SWOT Analysis
- Chile Security SWOT
- Chile Defence Industry SWOT
- Political SWOT Analysis
- Economic SWOT Analysis
- Business Environment SWOT Analysis
Global Political Outlook
- Global Hotspots
- Latin America: More Of The Same
- Western Europe
- Central Europe
- South Eastern Europe
- Russia And The Former Soviet Union
- Middle East: Mostly The Same Old Challenges
- Sub-Saharan Africa: Definitive Elections Pending
- Asia: Accommodating A More Powerful China
- Wild Cards
Global Security Outlook
Latin America Security Overview
- Political Risk Analysis - The Strategic Outlook For The 2010s
- Latin America In A Global Context
- Border Disputes And Resource Conflict
- Water Scarcity
- Ethnic Tensions And Indigenous Peoples
- Islamist Militancy
- Key Factors To Consider In The 2010s
Security Risk Analysis
- BMI's Security Ratings
- Table: Latin America Security Ratings
- Table: Latin America State Vulnerability To Terrorism Ratings
- Chile's Security Risk Rating
- City Terrorism Rating
- Table: BMI Americas City Terrorism Index
Security Overview
- Internal Security Situation
- External Security Situation
- Chile-US Relations
- Chile-Peru Relations
- Chile-Bolivia Relations
- Antarctica
- Latest Developments
Armed Forces And Government Spending
- Armed Forces
- International Deployment
- Table Foreign Deployments
- Weapons Of Mass Destruction
Market Overview
- Arms Trade Overview
- Industry Trends And Developments
- Procurement Trends And Developments
- Latest Developments
Industry Forecast Scenario
- Armed Forces And Government Spending
- Table: Chile's Defence Expenditure, 2008-2015
- Table: Chile's Defence Expenditure - % Of GDP, 2008-2015
- Table: Chile's Defence Personnel - Available Manpower For Military Services, 2008-2015
- Table: Chile's Military Personnel, 2008-2015 ('000 personnel, unless otherwise stated)
- Table: Chile's Defence Exports, 2008-2015 (US$mn)
- Table: Chile's Defence Imports, 2008-2015 (US$mn)
- Table: Chile's Defence Trade Balance, 2008-2015 (US$mn)
- Macroeconomic Forecast
- Table: Chile - Economic Activity, 2008-2015

Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=1064...

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.

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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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Source:Fast Market Research
Location:Massachusetts - United States
Industry:Defense, Government, Research
Tags:Security, Defence, 2008-2015, America, Military, Terrorism, Armed, Relations, Ratings, Copper
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