Macau

Abstract

Wikipedia Country Information

Macau ( ( listen)), also spelled Macao and officially the Macao Special Administrative Region of the People's Republic of China, is an autonomous territory on the western side of the Pearl River estuary in East Asia. Macau is bordered by the city of Zhuhai in Mainland China to the north and the Pearl River Delta to the east and south. Hong Kong lies about 64 kilometres (40 mi) to its east across the Delta. With a population of 650,900 living in an area of 30.5 km2 (11.8 sq mi), it is the most densely populated region in the world. A former Portuguese colony, it was returned to Chinese sovereignty on 20 December 1999.
Macau was administered by the Portuguese Empire and its inheritor states from the mid-16th century until late 1999, when it constituted the last remaining European colony in Asia. Portuguese traders first settled in Macau in the 1550s. In 1557, Macau was leased to Portugal from Ming China as a trading port. The Portuguese Empire administered the city under Chinese authority and sovereignty until 1887, when Macau became a colony through a mutual agreement between the two countries. Sovereignty over Macau was transferred back to China on 20 December 1999. The Joint Declaration on the Question of Macau and Macau Basic Law stipulate that Macau operate with a high degree of autonomy until at least 2049, fifty years after the transfer.
Under the policy of "one country, two systems", the State Council of the People's Republic of China is responsible for military defense and foreign affairs while Macau maintains its own legal system, public security force, monetary system, customs policy and immigration policy. Macau participates in international organizations and events that do not require members to possess national sovereignty.
Macau is a resort city in Southern China, known for its casinos and luxury hotels. Its gaming revenue has been the world's largest since 2006, with the economy heavily dependent on gaming and tourism. According to The World Factbook, Macau has the fourth highest life expectancy in the world. Moreover, it has a very high Human Development Index, ranking 18th in the world as of 2014. Macau is among the world's richest regions and its GDP per capita by purchasing power parity was higher than that of any country in the world, according to the World Bank.
It is widely known as the pre-eminent gambling (or gaming) capital of the world, greatly dwarfing other gambling centers/cities.


Summary
Instruments ratified: 142 / 282
World Average Ratifications: 114 / 282
Ratification rate: 52.65%
World Average Rate: 41.25%
Weighted score: 59.03%
World Average Weighted Score: 41.25%
World rank: 42 / 194
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-commerce2/3 (66.67%)66.67%18.00%2Strong
Franchising0/10.00%0.00%1Average
Leasing/Factoring0/20.00%5.00%13Weak
Principles, trade usages and standards0/20.00%0.00%1Average
Procurement1/4 (25.00%)21.43%3.00%1Strong
Sale of Goods1/5 (20.00%)45.45%25.00%29Strong
Travel contracts0/10.00%3.00%7Weak
Total426.09%9.00%8Strong
 
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification2/3 (66.67%)100.00%78.00%1Strong
Customs Cooperation1/6 (16.67%)33.33%26.00%71Strong
Exemption from Duties1/9 (11.11%)11.11%30.00%109Weak
Temporary Admission3/11 (27.27%)32.35%28.00%66Strong
Transit0/40.00%28.00%98Weak
Total726.09%31.00%93Weak
 
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration1/6 (16.67%)25.00%32.00%86Weak
Judicial cooperation4/5 (80.00%)84.21%36.00%27Strong
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
Total542.00%29.00%51Strong
 
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air5/5 (100.00%)100.00%86.00%1Strong
Chemicals1/1 (100.00%)100.00%78.00%1Strong
Energy0/20.00%25.00%50Weak
Flora and fauna8/10 (80.00%)78.26%68.00%44Strong
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 Sea17/26 (65.38%)70.65%46.00%38Strong
Protected geographical areas 1/1 (100.00%)100.00%27.00%1Strong
Waste1/1 (100.00%)100.00%93.00%1Weak
Total3576.56%61.00%31Strong
 
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 guarantees2/3 (66.67%)54.55%20.00%5Strong
Total214.63%12.00%52Strong
 
GOOD GOVERNANCE Inst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Corruption2/4 (50.00%)66.67%50.00%34Strong
Cultural Property3/4 (75.00%)81.25%54.00%21Strong
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
Total978.85%68.00%45Strong
 
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights7/7 (100.00%)100.00%96.00%1Weak
Labour Standards8/8 (100.00%)100.00%86.00%1Strong
Total15100.00%91.00%1Average
 
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution1/1 (100.00%)100.00%39.00%1Strong
International Trade Law 10/10 (100.00%)100.00%73.00%1Strong
Trade support institutions5/6 (83.33%)83.33%51.00%29Strong
Total1694.12%63.00%22Strong
 
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Broadcasting0/10.00%47.00%93Weak
Copyright3/3 (100.00%)100.00%65.00%1Strong
Industrial designs1/2 (50.00%)37.50%31.00%64Strong
Integrated circuits0/10.00%2.00%4Weak
Neighboring Rights2/3 (66.67%)61.54%46.00%73Strong
Origin0/30.00%14.00%51Weak
Patents4/5 (80.00%)85.71%57.00%30Strong
Trademarks3/6 (50.00%)50.00%33.00%54Strong
Varieties of plants1/1 (100.00%)100.00%37.00%1Strong
Total1458.95%42.00%55Strong
 
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 Resources1/1 (100.00%)100.00%24.00%1Strong
Timber1/1 (100.00%)100.00%31.00%1Strong
General1/1 (100.00%)100.00%92.00%1Weak
Total3100.00%53.00%1Strong
 
TRANSPORT AND TELECOMMUNICATIONSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air transport3/7 (42.86%)61.90%59.00%95Weak
Aircrafts and civil aviation 5/9 (55.56%)68.00%74.00%134Weak
Maritime shipping and load lines 11/13 (84.62%)94.29%66.00%11Strong
Maritime transport5/12 (41.67%)37.50%27.00%46Strong
Multi modal transport 0/20.00%4.00%15Weak
Rail transport0/30.00%22.00%50Weak
Road transport0/40.00%31.00%86Weak
Space3/4 (75.00%)83.33%40.00%16Strong
Telecommunications1/2 (50.00%)83.33%47.00%26Strong
Total2855.41%50.00%80Strong
 
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
General1/4 (25.00%)41.67%30.00%41Strong
Total141.67%30.00%41Strong
 
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements0/20.00%18.00%45Weak
WTO Agreements1/1 (100.00%)100.00%81.00%1Strong
Total145.45%47.00%45Weak
 
Strengths and Weakness
Strong
ContractsE-commerce
ContractsProcurement
ContractsSale of Goods
CustomsCustoms Codification
CustomsCustoms Cooperation
CustomsTemporary Admission
Dispute resolutionJudicial cooperation
Environment and productsAir
Environment and productsChemicals
Environment and productsFlora and fauna
Environment and productsMaritime and Law of the Sea
Environment and productsProtected geographical areas
Finance, payments and insolvencyInternational guarantees
Good Governance Corruption
Good Governance Cultural Property
Human Rights and Labour StandardsLabour Standards
Institutional ParticipationDispute Resolution
Institutional ParticipationInternational Trade Law
Institutional ParticipationTrade support institutions
Intellectual propertyCopyright
Intellectual propertyIndustrial designs
Intellectual propertyNeighboring Rights
Intellectual propertyPatents
Intellectual propertyTrademarks
Intellectual propertyVarieties of plants
InvestmentsInvestment disputes
ProductsMarine Resources
ProductsTimber
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsSpace
Transport and telecommunicationsTelecommunications
Treaties lawGeneral
WTOWTO Agreements
 
Average
ContractsFranchising
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
 
Weak
ContractsAgency
ContractsConflict of laws
ContractsLeasing/Factoring
ContractsTravel contracts
CustomsExemption from Duties
CustomsTransit
Dispute resolutionArbitration
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court jurisdiction
Dispute resolutionState court procedure
Dispute resolutionState immunities
Environment and productsEnergy
Environment and productsFoodstuff
Environment and productsGeneral
Environment and productsInternational watercourses
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
Good Governance Drugs
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour StandardsHuman rights
Intellectual propertyBroadcasting
Intellectual propertyIntegrated circuits
Intellectual propertyOrigin
InvestmentsInvestment guaranty
ProductsGeneral
Transport and telecommunicationsAir transport
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsMulti modal transport
Transport and telecommunicationsRail transport
Transport and telecommunicationsRoad transport
WTOPlurilateral Agreements
Instruments ratifications

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