North Korea Defence & Security Report 2016 - New Study Released

After the accession of Kim Jong- Un as North Korean ruler, the reform of the country's 'military first' policy has become apparent. Even though the Korean Peope's Army (KPA) is a weakened force - that suffers from logistical shortages, ageing equipment, and inadequate training - and the country is suffering from a tough domestic economic climate, we expect North Korea's pursuit of nuclear weapons and long-range ballistic missiles to continue. However, d ue to planned economic reforms, defence spending may be partly sacrificed . Reliable data about North Korean spending and resources are dif ficult to obtain, but its streng ths are clearly in a vast infantry machine rather than in high tech capabilities it will consequently look to import.

Full Report Details at
- http://www.fastmr.com/prod/1082759_north_korea_defence_security.aspx?afid=301

In 2016, North Korea will remain a formidable military threat to its neighbours due to its massive 1.1mn strong conventional armed forces and its weapons of mass destruction, which include nuclear weapons. Defence spending is estimated to increase by 3.0% in 2015, which is at a slower growth rate than the 5.7% increase in 2014. In 2016 however, we forecast North Korea to increase its defence spending by 7.8%, a significant acceleration from 2015.

The North Korea Defence & Security Report features BMI Research's independent forecasts for national and international security, the defence industry, military expenditure, employment in arms production, and arms imports and exports, as well as examining industry trends and prospects, national and multinational arms producers and the regulatory environment.

BMI's North Korea Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the North Korean defence and security industry.

Key Benefits

* Benchmark BMI's independent defence and security industry forecasts on North Korea to test other views - a key input for successful budgetary and strategic business planning in the North Korean defence and security market.
* Target business opportunities and risks in the Asia defence and security sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Asia.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

Global and Regional Political Outlooks

A strategic overview of the world’s major political risks, identifying countries facing leadership successions and nations at risk of upheaval, inter-state conflict, or separatism and insurgencies, plus a summary of the world’s ‘wild card’ low-probability high-impact risks.

SWOT Analysis

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