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"Slovakia Defence & Security Report 2011" is now available at Fast Market Research

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

 
PRLog - Jan. 13, 2011 - Slovakia is a secure and increasingly affluent country almost entirely surrounded by fellow NATO members. While organised crime, ethnic tensions and protests against government fiscal cuts have all been features of the political scene in recent years, internally and externally.

Militarily, Slovakia is concentrating its international forces in the battle to stabilise Afghanistan, a priority for its NATO allies. The number of Slovak soldiers on the ground in Afghanistan will increase from around 300 to more than 520, though no timeframe has been laid out, the Deutsche Presse Agentur reported.

In October 2010, meanwhile, the Slovak parliament unanimously approved a government plan to withdraw all 140 Slovak troops from Kosovo by the end of the year. While Slovakia has in the past identified Balkan stability as a major plank of its foreign policy, it does not see the need to maintain a force in Kosovo, despite remaining tensions in some areas (albeit those where other foreign troops are present). Notably, Slovakia, wary of its own restive Hungarian population, has not recognised Kosovo's independence, and thus its troops would not be deployed to defend the region's sovereignty in the event of a conflict.

Recent years have seen defence spending decline, a trend that will continue in 2011, before a respectable recovery. In 2009, spending was slashed 9.71% in dollar terms to US$1.327bn as the government looked to rein in expenditure. In 2010, BMI estimates that a further 1.27% reduction was made, taking spending to US$1.310bn, or US$241.10 per capita. In constant price terms, spending fell by 7% in 2009 and 3% in 2010. However, defence flatlined at 3.9% of public expenditure, suggesting that the government neither prioritised defence spending, nor saw it as an area of spending that could be reduced more easily than others. Similarly, defence spend has remained at 1.5% of GDP.

For 2011, BMI forecasts a further, but very slight, decline of 0.31% to US$1.306bn; in constant price terms, this is another 4% cut. Defence spending will remain at 1.5% of GDP and 3.9% of government outlay.

Over the next decade, we expect dollar terms growth to pick up considerably to 9.48% in 2012, moderating to 5.29% in 2013, before stabilising in the 6.45-7.17% band until 2019. In constant price terms, this sees growth of 7% in 2012 and 3% in 2013 and unspectacular but steady growth of between 2.97% and 4.07% from then until the end of the decade. As a proportion of GDP, defence expenditure will remain 25% below NATO's recommended level, at 1.5%, throughout the forecast period, though as a proportion of government spending, it will rise steadily to 4.3% - still below 2008 levels. By 2019, BMI expects defence expenditure to total US$2.220bn, or US$406.90 per capita.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/106527_slovakia_defence_securi...


Report Table of Contents:

Executive Summary
SWOT Analysis
- Slovakia Security SWOT
- Slovakia Defence Industry SWOT
- Slovakia Political SWOT
- Slovakia Economic SWOT
Global Political Outlook
- Global Hotspots
- Table: Global Election Timetable, 2010 And 2011
- 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
Political Risk Analysis - The Future Of NATO
Regional Security Overview
Political Overview
Security Risk Analysis
- BMI's Security Ratings
- Table: Europe Security Risk Ratings
- Table: Europe State Terrorism Vulnerability To Terrorism Index
- Slovakia's Security Risk Rating
- City Terrorism Ratings
- Table: BMI's Central And Eastern Europe And Central Asia City Terrorism Index
Security Overview
- Internal Security Situation
- Special Court Abolished
- Hungarian Slovaks
- Latest Developments
- External Security Situation
- Transnational Crime
- The Balkans
- Hungary
- Russia
- Ukraine And NATO
- Limits On Peacekeeping Role
- Latest Developments
Armed Forces And Government Spending
- Armed Forces
- Table: Regional Armed Forces, 2007 (Including conscripted, '000)
- Defence Reform
- Professionalisation
- Military Capabilities
- International Deployments
- Table: Slovakia's Foreign Deployments
- Co-ordination And Joint Operations
Market Overview
- Imports
- Exports
- Industry Trends And Developments
- Table: Slovakia's Defence Key Players
- Procurement Trends And Developments
Industry Forecast Scenario
- Armed Forces
- Table: Slovakia's Armed Forces, 2000-2008 ('000 personnel)
- Government Expenditure On Defence Industry
- Table: Slovakia's Government Defence Expenditure, 2008-2015
- Economic Outlook
- Table: Slovakia - Economic Activity
Company Profiles
- Local Companies
- Konstrukta Defence
- ZVS Holding
- ZTS Special
- Foreign Companies
- BAE Systems
- Diehl
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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Source:Fast Market Research
Phone:1.800.844.8156
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State/Province:Massachusetts - United States
Industry:Defense, Government, Research
Tags:defence, security, Terrorism, nato, armed, slovak, ratings, kosovo, city, troops
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