DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/787f5d/kazakhstan_and_cen) has announced the addition of the "Kazakhstan and Central Asia Defence and Security Report Q1 2011" report to their offering.
Business Monitor International's Kazakhstan and Central Defence and Security Report provides industry professionals and strategists, corporate analysts, defence and security associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Kazakhstan and Central's defence and security industry.
Kazakhstan's prospects for future political liberalisation have weakened. On June 15, 2010, parliament extended President Nazarbayev's authoritarian powers, granting him life rule and immunity from prosecution. As Nazarbayev is 70 years old, the new powers could serve to kick-start a potential transfer of power to a chosen successor.
Kazakhstan's economic recovery continues to defy market expectations. However, despite its stellar 8.0% expansion in H110, we still expect economic growth to moderate over the coming quarters given the slowing pace of oil price gains, limited scope for credit expansion within the financial sector, and our expectations for a slowdown in global growth over the medium term. That said, the government's strategy to diversify the oil-dependent economy over the coming years bodes well for longer-term growth. Kyrgyzstan continues on its shaky road to democracy. The elections on October 10 resulted in no majority winner, so a coalition government will be formed, after negotiations between the five main parties with nationalists holding the most seats. The fact that the landmark Kyrgyz elections were not accompanied by major instances of violence is a major positive. It bodes well for the country's ongoing recovery from the riots in June, where violence in the South, aimed at ethnic Uzbeks, resulted in hundreds of deaths.
Kyrgyzstan's recent political crisis and ethnic conflict that interrupted the second quarter of 2010 has taken, and will continue to take, its toll on economic activity. In Tajikistan, real GDP expanded by 6.2% y-o-y in May. The economic recovery remains firmly on track, and in our view, will enjoy a strong bounce in growth this year. Turkmenistan's strategy of diversifying its export routes remains in full swing. As the fifth largest gas exporter in the world, and possessing the world's fourth largest gas reserves, energy dominates its economy. Uzbekistan's economic prospects will remain robust in 2010-11.
In September, more than 3,000 Kazakh, Russian and Chinese troops took part in joint military exercises as part of Peace Mission 2010. This was organised by the Shanghai Cooperation Organisation (SCO), a six-nation group comprising Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Russia and China. The SCO is focussed on terrorism and drug trafficking in the region. (Source: China Global Times, September 14 2010) Strategically, the Central Asian states are of ever-increasing importance to the major world powers of Russia, China and the US. The location neighbouring Russia and China, Iran and Afghanistan is of major importance in this era.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Global Political Outlook
- Global Security Outlook
- Central Asia Political Overview
- Central Asia Regional Security
- Recent Developments
- Armed Forces And Government Spending
- Weapons Of Mass Destruction
- Industry Forecast Scenario
- Company Profiles
- BMI Methodology
Companies Mentioned:
- Chkalov Tashkent Industrial Aircraft Association (TAPiCH)
- GE International Operations
For more information visit http://www.researchandmarkets.com/research/787f5d/kazakhstan_and_cen