Micronesia (Federated States of)

Abstract

Wikipedia Country Information

Micronesia (from Greek: μικρός mikrós "small" and Greek: νῆσος nêsos "island") is a subregion of Oceania, comprising thousands of small islands in the western Pacific Ocean. It has a shared cultural history with two other island regions, Polynesia to the east and Melanesia to the south.
The region has a tropical marine climate, and is part of the Oceania ecozone. There are four main archipelagos along with numerous outlying islands.
Micronesia is divided politically among several sovereign countries. One of these is the Federated States of Micronesia, which is often called "Micronesia" for short and is not to be confused with the overall region. The Micronesia region encompasses five sovereign, independent nations—the Federated States of Micronesia, Palau, Kiribati, Marshall Islands, and Nauru—as well as three U.S. territories in the northern part: Northern Mariana Islands, Guam, and Wake Island.
Micronesia began to be settled several millennia ago, although there are competing theories about the origin and arrival of the first settlers. The earliest known contact with Europeans occurred in 1521, when Ferdinand Magellan reached the Marianas. The coinage of the term "Micronesia" is usually attributed to Jules Dumont d'Urville's usage in 1832, however Domeny de Rienzi had used the term a year previously.


Summary
Instruments ratified: 44 / 282
World Average Ratifications: 114 / 282
Ratification rate: 20.78%
World Average Rate: 41.25%
Weighted score: 22.95%
World Average Weighted Score: 41.25%
World rank: 185 / 194
Developing country rank: 83 / 87
Developing country Avg. Ratifications: 109 / 282
Micronesia rank: 1 / 5
Micronesia Avg. Ratifications: 63 / 282
Small island developing States rank: 31 / 37
Small island developing States Avg. Ratifications: 86 / 282
Comparative Statistical Analysis
CONTRACTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Agency0/20.00%2.00%8Weak
Conflict of laws0/70.00%3.00%27Weak
E-commerce0/30.00%18.00%70Weak
Franchising0/10.00%0.00%1Average
Leasing/Factoring0/20.00%5.00%13Weak
Principles, trade usages and standards0/20.00%0.00%1Average
Procurement0/40.00%3.00%31Weak
Sale of Goods0/50.00%25.00%89Weak
Travel contracts0/10.00%3.00%7Weak
Total00.00%9.00%145Weak
 
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification0/30.00%78.00%153Weak
Customs Cooperation0/60.00%26.00%117Weak
Exemption from Duties0/90.00%30.00%133Weak
Temporary Admission0/110.00%28.00%126Weak
Transit0/40.00%28.00%98Weak
Total00.00%31.00%175Weak
 
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration0/60.00%32.00%157Weak
Judicial cooperation0/50.00%36.00%119Weak
Recognition of foreign judgments0/20.00%2.00%6Weak
State court jurisdiction0/40.00%14.00%29Weak
State court procedure0/10.00%6.00%12Weak
State immunities 0/10.00%11.00%22Weak
Total00.00%29.00%171Weak
 
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air5/5 (100.00%)100.00%86.00%1Strong
Chemicals0/10.00%78.00%152Weak
Energy0/20.00%25.00%50Weak
Flora and fauna4/10 (40.00%)43.48%68.00%177Weak
Foodstuff1/2 (50.00%)37.50%79.00%136Weak
General1/1 (100.00%)100.00%95.00%1Weak
International watercourses0/10.00%18.00%36Weak
Maritime and Law of the Sea1/26 (3.85%)5.43%46.00%161Weak
Protected geographical areas 0/10.00%27.00%54Weak
Waste1/1 (100.00%)100.00%93.00%1Weak
Total1332.81%61.00%185Weak
 
FINANCE, PAYMENTS AND INSOLVENCYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Assignment of receivables0/10.00%1.00%2Weak
Bankruptcy and insolvency0/10.00%21.00%41Weak
Bills of exchange and promissory notes0/40.00%8.00%43Weak
Cheques0/30.00%13.00%36Weak
Credit transfers0/10.00%0.00%1Average
International guarantees0/30.00%20.00%75Weak
Total00.00%12.00%117Weak
 
GOOD GOVERNANCE Inst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Corruption1/4 (25.00%)41.67%50.00%92Weak
Cultural Property1/4 (25.00%)31.25%54.00%142Weak
Drugs3/3 (100.00%)100.00%95.00%1Weak
Insider Trading0/10.00%4.00%9Weak
Organized crime1/2 (50.00%)62.50%80.00%112Weak
Total657.69%68.00%155Weak
 
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights7/7 (100.00%)100.00%96.00%1Weak
Labour Standards7/8 (87.50%)87.50%86.00%134Weak
Total1493.33%91.00%126Weak
 
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution0/10.00%39.00%77Weak
International Trade Law 3/10 (30.00%)30.00%73.00%189Weak
Trade support institutions0/60.00%51.00%172Weak
Total317.65%63.00%189Weak
 
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Broadcasting0/10.00%47.00%93Weak
Copyright1/3 (33.33%)45.45%65.00%112Weak
Industrial designs0/20.00%31.00%82Weak
Integrated circuits0/10.00%2.00%4Weak
Neighboring Rights0/30.00%46.00%120Weak
Origin0/30.00%14.00%51Weak
Patents0/50.00%57.00%177Weak
Trademarks0/60.00%33.00%124Weak
Varieties of plants0/10.00%37.00%73Weak
Total15.26%42.00%179Weak
 
INVESTMENTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Investment disputes1/2 (50.00%)50.00%39.00%2Strong
Investment guaranty1/1 (100.00%)100.00%93.00%1Weak
Total266.67%57.00%2Strong
 
PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Marine Resources0/10.00%24.00%48Weak
Timber0/10.00%31.00%61Weak
General1/1 (100.00%)100.00%92.00%1Weak
Total138.46%53.00%85Weak
 
TRANSPORT AND TELECOMMUNICATIONSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air transport0/70.00%59.00%181Weak
Aircrafts and civil aviation 2/9 (22.22%)32.00%74.00%187Weak
Maritime shipping and load lines 1/13 (7.69%)14.29%66.00%163Weak
Maritime transport1/12 (8.33%)4.17%27.00%178Weak
Multi modal transport 0/20.00%4.00%15Weak
Rail transport0/30.00%22.00%50Weak
Road transport0/40.00%31.00%86Weak
Space0/40.00%40.00%120Weak
Telecommunications0/20.00%47.00%114Weak
Total49.46%50.00%191Weak
 
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
General0/40.00%30.00%113Weak
Total00.00%30.00%113Weak
 
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements0/20.00%18.00%45Weak
WTO Agreements0/10.00%81.00%159Weak
Total00.00%47.00%159Weak
 
Strengths and Weakness
Strong
Environment and productsAir
InvestmentsInvestment disputes
 
Average
ContractsFranchising
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
 
Weak
ContractsAgency
ContractsConflict of laws
ContractsE-commerce
ContractsLeasing/Factoring
ContractsProcurement
ContractsSale of Goods
ContractsTravel contracts
CustomsCustoms Codification
CustomsCustoms Cooperation
CustomsExemption from Duties
CustomsTemporary Admission
CustomsTransit
Dispute resolutionArbitration
Dispute resolutionJudicial cooperation
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court jurisdiction
Dispute resolutionState court procedure
Dispute resolutionState immunities
Environment and productsChemicals
Environment and productsEnergy
Environment and productsFlora and fauna
Environment and productsFoodstuff
Environment and productsGeneral
Environment and productsInternational watercourses
Environment and productsMaritime and Law of the Sea
Environment and productsProtected geographical areas
Environment and productsWaste
Finance, payments and insolvencyAssignment of receivables
Finance, payments and insolvencyBankruptcy and insolvency
Finance, payments and insolvencyBills of exchange and promissory notes
Finance, payments and insolvencyCheques
Finance, payments and insolvencyInternational guarantees
Good Governance Corruption
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour StandardsHuman rights
Human Rights and Labour StandardsLabour Standards
Institutional ParticipationDispute Resolution
Institutional ParticipationInternational Trade Law
Institutional ParticipationTrade support institutions
Intellectual propertyBroadcasting
Intellectual propertyCopyright
Intellectual propertyIndustrial designs
Intellectual propertyIntegrated circuits
Intellectual propertyNeighboring Rights
Intellectual propertyOrigin
Intellectual propertyPatents
Intellectual propertyTrademarks
Intellectual propertyVarieties of plants
InvestmentsInvestment guaranty
ProductsGeneral
ProductsMarine Resources
ProductsTimber
Transport and telecommunicationsAir transport
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsMulti modal transport
Transport and telecommunicationsRail transport
Transport and telecommunicationsRoad transport
Transport and telecommunicationsSpace
Transport and telecommunicationsTelecommunications
Treaties lawGeneral
WTOPlurilateral Agreements
WTOWTO Agreements
Instruments ratifications

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