Australia

Abstract

Wikipedia Country Information

Australia (, , ), officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands. It is the largest country in Oceania and the world's sixth-largest country by total area. The neighbouring countries are Papua New Guinea, Indonesia and East Timor to the north; the Solomon Islands and Vanuatu to the north-east; and New Zealand to the south-east. Australia's capital is Canberra, and its largest urban area is Sydney.
For about 50,000 years before the first British settlement in the late 18th century, Australia was inhabited by indigenous Australians, who spoke languages classifiable into roughly 250 groups. After the European discovery of the continent by Dutch explorers in 1606, Australia's eastern half was claimed by Great Britain in 1770 and initially settled through penal transportation to the colony of New South Wales from 26 January 1788. The population grew steadily in subsequent decades, and by the 1850s most of the continent had been explored and an additional five self-governing crown colonies established. On 1 January 1901, the six colonies federated, forming the Commonwealth of Australia. Australia has since maintained a stable liberal democratic political system that functions as a federal parliamentary constitutional monarchy comprising six states and several territories.
Australia has the world's 13th-largest economy and ninth-highest per capita income (IMF). With the second-highest human development index globally, the country ranks highly in quality of life, health, education, economic freedom, and civil liberties and political rights. Australia is a member of the United Nations, G20, Commonwealth of Nations, ANZUS, Organisation for Economic Co-operation and Development (OECD), World Trade Organization, Asia-Pacific Economic Cooperation, and the Pacific Islands Forum. The population of 25 million is highly urbanised and heavily concentrated on the eastern seaboard. Australia had the world's 9th largest immigrant population, with immigrants accounting for 26% of the population.


Summary
Instruments ratified: 167 / 282
World Average Ratifications: 114 / 282
Ratification rate: 58.10%
World Average Rate: 41.25%
Weighted score: 65.02%
World Average Weighted Score: 41.25%
World rank: 28 / 194
Australia and New Zealand rank: 1 / 2
Australia and New Zealand Avg. Ratifications: 155 / 282
Developed country rank: 19 / 30
Developed country Avg. Ratifications: 159 / 282
Comparative Statistical Analysis
CONTRACTS Inst. ratified Country score World avg. score Country rank in world Strength
Agency 0/2 0.00% 2.00% 8 Weak
Conflict of laws 1/7 (14.29%) 14.29% 3.00% 9 Strong
E-commerce 1/3 (33.33%) 33.33% 18.00% 33 Strong
Franchising 0/1 0.00% 0.00% 1 Average
Leasing/Factoring 0/2 0.00% 5.00% 13 Weak
Principles, trade usages and standards 0/2 0.00% 0.00% 1 Average
Procurement 0/4 0.00% 3.00% 31 Weak
Sale of Goods 1/5 (20.00%) 45.45% 25.00% 29 Strong
Travel contracts 0/1 0.00% 3.00% 7 Weak
Total 3 15.94% 9.00% 31 Strong
 
CUSTOMS Inst. ratified Country score World avg. score Country rank in world Strength
Customs Codification 2/3 (66.67%) 100.00% 78.00% 1 Strong
Customs Cooperation 2/6 (33.33%) 53.33% 26.00% 26 Strong
Exemption from Duties 7/9 (77.78%) 77.78% 30.00% 6 Strong
Temporary Admission 7/11 (63.64%) 73.53% 28.00% 24 Strong
Transit 1/4 (25.00%) 27.27% 28.00% 62 Weak
Total 19 67.39% 31.00% 28 Strong
 
DISPUTE RESOLUTION Inst. ratified Country score World avg. score Country rank in world Strength
Arbitration 2/6 (33.33%) 50.00% 32.00% 29 Strong
Judicial cooperation 3/5 (60.00%) 78.95% 36.00% 42 Strong
Recognition of foreign judgments 0/2 0.00% 2.00% 6 Weak
State court jurisdiction 0/4 0.00% 14.00% 29 Weak
State court procedure 0/1 0.00% 6.00% 12 Weak
State immunities 0/1 0.00% 11.00% 22 Weak
Total 5 50.00% 29.00% 44 Strong
 
ENVIRONMENT AND PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Air 4/5 (80.00%) 80.00% 86.00% 59 Weak
Chemicals 1/1 (100.00%) 100.00% 78.00% 1 Strong
Energy 0/2 0.00% 25.00% 50 Weak
Flora and fauna 8/10 (80.00%) 82.61% 68.00% 29 Strong
Foodstuff 2/2 (100.00%) 100.00% 79.00% 1 Strong
General 1/1 (100.00%) 100.00% 95.00% 1 Weak
International watercourses 0/1 0.00% 18.00% 36 Weak
Maritime and Law of the Sea 23/26 (88.46%) 92.39% 46.00% 8 Strong
Protected geographical areas 1/1 (100.00%) 100.00% 27.00% 1 Strong
Waste 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 41 88.02% 61.00% 11 Strong
 
FINANCE, PAYMENTS AND INSOLVENCY Inst. ratified Country score World avg. score Country rank in world Strength
Assignment of receivables 0/1 0.00% 1.00% 2 Weak
Bankruptcy and insolvency 1/1 (100.00%) 100.00% 21.00% 1 Strong
Bills of exchange and promissory notes 1/4 (25.00%) 10.00% 8.00% 32 Strong
Cheques 1/3 (33.33%) 20.00% 13.00% 26 Strong
Credit transfers 0/1 0.00% 0.00% 1 Average
International guarantees 2/3 (66.67%) 54.55% 20.00% 5 Strong
Total 5 31.71% 12.00% 15 Strong
 
GOOD GOVERNANCE Inst. ratified Country score World avg. score Country rank in world Strength
Corruption 3/4 (75.00%) 75.00% 50.00% 6 Strong
Cultural Property 2/4 (50.00%) 50.00% 54.00% 61 Weak
Drugs 3/3 (100.00%) 100.00% 95.00% 1 Weak
Insider Trading 0/1 0.00% 4.00% 9 Weak
Organized crime 2/2 (100.00%) 100.00% 80.00% 1 Strong
Total 10 76.92% 68.00% 50 Strong
 
HUMAN RIGHTS AND LABOUR STANDARDS Inst. ratified Country score World avg. score Country rank in world Strength
Human Rights 7/7 (100.00%) 100.00% 96.00% 1 Weak
Labour Standards 8/8 (100.00%) 100.00% 86.00% 1 Strong
Total 15 100.00% 91.00% 1 Average
 
INSTITUTIONAL PARTICIPATION Inst. ratified Country score World avg. score Country rank in world Strength
Dispute Resolution 1/1 (100.00%) 100.00% 39.00% 1 Strong
International Trade Law 9/10 (90.00%) 90.00% 73.00% 34 Strong
Trade support institutions 5/6 (83.33%) 83.33% 51.00% 29 Strong
Total 15 88.24% 63.00% 36 Strong
 
INTELLECTUAL PROPERTY Inst. ratified Country score World avg. score Country rank in world Strength
Broadcasting 1/1 (100.00%) 100.00% 47.00% 1 Strong
Copyright 3/3 (100.00%) 100.00% 65.00% 1 Strong
Industrial designs 0/2 0.00% 31.00% 82 Weak
Integrated circuits 0/1 0.00% 2.00% 4 Weak
Neighboring Rights 3/3 (100.00%) 100.00% 46.00% 1 Strong
Origin 0/3 0.00% 14.00% 51 Weak
Patents 5/5 (100.00%) 100.00% 57.00% 1 Strong
Trademarks 4/6 (66.67%) 81.82% 33.00% 22 Strong
Varieties of plants 1/1 (100.00%) 100.00% 37.00% 1 Strong
Total 17 76.84% 42.00% 35 Strong
 
INVESTMENTS Inst. ratified Country score World avg. score Country rank in world Strength
Investment disputes 1/2 (50.00%) 50.00% 39.00% 2 Strong
Investment guaranty 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 2 66.67% 57.00% 2 Strong
 
PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Marine Resources 0/1 0.00% 24.00% 48 Weak
Timber 1/1 (100.00%) 100.00% 31.00% 1 Strong
General 1/1 (100.00%) 100.00% 92.00% 1 Weak
Total 2 76.92% 53.00% 23 Strong
 
TRANSPORT AND TELECOMMUNICATIONS Inst. ratified Country score World avg. score Country rank in world Strength
Air transport 5/7 (71.43%) 90.48% 59.00% 4 Strong
Aircrafts and civil aviation 5/9 (55.56%) 76.00% 74.00% 80 Weak
Maritime shipping and load lines 11/13 (84.62%) 94.29% 66.00% 11 Strong
Maritime transport 3/12 (25.00%) 20.83% 27.00% 103 Weak
Multi modal transport 0/2 0.00% 4.00% 15 Weak
Rail transport 0/3 0.00% 22.00% 50 Weak
Road transport 0/4 0.00% 31.00% 86 Weak
Space 4/4 (100.00%) 100.00% 40.00% 1 Strong
Telecommunications 2/2 (100.00%) 100.00% 47.00% 1 Strong
Total 30 59.46% 50.00% 59 Strong
 
TREATIES LAW Inst. ratified Country score World avg. score Country rank in world Strength
General 2/4 (50.00%) 66.67% 30.00% 11 Strong
Total 2 66.67% 30.00% 11 Strong
 
WTO Inst. ratified Country score World avg. score Country rank in world Strength
Plurilateral Agreements 0/2 0.00% 18.00% 45 Weak
WTO Agreements 1/1 (100.00%) 100.00% 81.00% 1 Strong
Total 1 45.45% 47.00% 45 Weak
 
Strengths and Weakness
Strong
Contracts Conflict of laws
Contracts E-commerce
Contracts Sale of Goods
Customs Customs Codification
Customs Customs Cooperation
Customs Exemption from Duties
Customs Temporary Admission
Dispute resolution Arbitration
Dispute resolution Judicial cooperation
Environment and products Chemicals
Environment and products Flora and fauna
Environment and products Foodstuff
Environment and products Maritime and Law of the Sea
Environment and products Protected geographical areas
Finance, payments and insolvency Bankruptcy and insolvency
Finance, payments and insolvency Bills of exchange and promissory notes
Finance, payments and insolvency Cheques
Finance, payments and insolvency International guarantees
Good Governance Corruption
Good Governance Organized crime
Human Rights and Labour Standards Labour Standards
Institutional Participation Dispute Resolution
Institutional Participation International Trade Law
Institutional Participation Trade support institutions
Intellectual property Broadcasting
Intellectual property Copyright
Intellectual property Neighboring Rights
Intellectual property Patents
Intellectual property Trademarks
Intellectual property Varieties of plants
Investments Investment disputes
Products Timber
Transport and telecommunications Air transport
Transport and telecommunications Maritime shipping and load lines
Transport and telecommunications Space
Transport and telecommunications Telecommunications
Treaties law General
WTO WTO Agreements
 
Average
Contracts Franchising
Contracts Principles, trade usages and standards
Finance, payments and insolvency Credit transfers
 
Weak
Contracts Agency
Contracts Leasing/Factoring
Contracts Procurement
Contracts Travel contracts
Customs Transit
Dispute resolution Recognition of foreign judgments
Dispute resolution State court jurisdiction
Dispute resolution State court procedure
Dispute resolution State immunities
Environment and products Air
Environment and products Energy
Environment and products General
Environment and products International watercourses
Environment and products Waste
Finance, payments and insolvency Assignment of receivables
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Human Rights and Labour Standards Human rights
Intellectual property Industrial designs
Intellectual property Integrated circuits
Intellectual property Origin
Investments Investment guaranty
Products General
Products Marine Resources
Transport and telecommunications Aircrafts and civil aviation
Transport and telecommunications Maritime transport
Transport and telecommunications Multi modal transport
Transport and telecommunications Rail transport
Transport and telecommunications Road transport
WTO Plurilateral Agreements
Instruments ratifications

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