Singapore

Abstract

Wikipedia Country Information

Singapore (, ), officially the Republic of Singapore, is a sovereign city-state in Southeast Asia. It is sometimes referred to as the "Lion City", "Garden City" or the "Little Red Dot". It lies one degree (137 km) north of the equator, at the southern tip of the Malay Peninsula, with Indonesia's Riau Islands to the south. Singapore's territory consists of one main island along with 62 other islets. It shares maritime borders with Indonesia at the south while at the north Malaysia. Since independence, extensive land reclamation has increased its total size by 23% (130 km2) and its greening policy has covered the densely populated island with tropical flora, parks and gardens.
Stamford Raffles founded colonial Singapore in 1819 as a trading post of the East India Company, but after its collapse and the eventual establishment of the British Raj, the islands were ceded to Britain and became part of its Straits Settlements in 1826. During the Second World War, Singapore was occupied by Japan. It gained independence from the UK in 1963 by federating with other former British territories to form Malaysia, but separated two years later over ideological differences, becoming a sovereign nation in 1965. After early years of turbulence and despite lacking natural resources and a hinterland, the nation developed rapidly as an Asian Tiger economy, based on external trade and its workforce.
Singapore is a global commerce, finance and transport hub. Its standings include: the most "technology-ready" nation (WEF), top International-meetings city (UIA), city with "best investment potential" (BERI), second-most competitive country, third-largest foreign exchange market, third-largest financial centre, third-largest oil refining and trading centre and the second-busiest container port. The country has also been identified as a tax haven.
Singapore ranks 5th on the UN Human Development Index and the 3rd highest GDP per capita. It is ranked highly in education, healthcare, life expectancy, quality of life, personal safety and housing. Although income inequality is high, 90% of homes are owner-occupied. 38% of Singapore's 5.6 million residents are permanent residents and other foreign nationals. There are four official languages: English (common and first language), Malay, Mandarin and Tamil, though almost all Singaporeans are bilingual.
Singapore is a unitary multiparty parliamentary republic, with a Westminster system of unicameral parliamentary government. The People's Action Party has won every election since self-government in 1959. The dominance of the PAP, coupled with a low level of press freedom and restrictions on civil liberties and political rights, has led to Singapore being classified by some as a semi-authoritarian regime. One of the five founding members of ASEAN, Singapore is also the host of the Asia-Pacific Economic Cooperation (APEC) Secretariat and a member of the East Asia Summit, Non-Aligned Movement and the Commonwealth of Nations.


Summary
Instruments ratified: 121 / 282
World Average Ratifications: 114 / 282
Ratification rate: 42.60%
World Average Rate: 41.25%
Weighted score: 48.49%
World Average Weighted Score: 41.25%
World rank: 79 / 194
Developing country rank: 26 / 87
Developing country Avg. Ratifications: 109 / 282
Small island developing States rank: 2 / 37
Small island developing States Avg. Ratifications: 86 / 282
South-East Asia rank: 3 / 11
South-East Asia Avg. Ratifications: 89 / 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 0/7 0.00% 3.00% 27 Weak
E-commerce 2/3 (66.67%) 66.67% 18.00% 2 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 21.74% 9.00% 12 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 0/6 0.00% 26.00% 117 Weak
Exemption from Duties 3/9 (33.33%) 33.33% 30.00% 76 Strong
Temporary Admission 4/11 (36.36%) 41.18% 28.00% 55 Strong
Transit 0/4 0.00% 28.00% 98 Weak
Total 9 30.43% 31.00% 84 Weak
 
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 1/5 (20.00%) 26.32% 36.00% 76 Weak
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 3 30.00% 29.00% 69 Weak
 
ENVIRONMENT AND PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Air 5/5 (100.00%) 100.00% 86.00% 1 Strong
Chemicals 1/1 (100.00%) 100.00% 78.00% 1 Strong
Energy 0/2 0.00% 25.00% 50 Weak
Flora and fauna 4/10 (40.00%) 43.48% 68.00% 177 Weak
Foodstuff 1/2 (50.00%) 37.50% 79.00% 136 Weak
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 13/26 (50.00%) 61.96% 46.00% 61 Strong
Protected geographical areas 0/1 0.00% 27.00% 54 Weak
Waste 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 26 62.50% 61.00% 98 Weak
 
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 0/1 0.00% 21.00% 41 Weak
Bills of exchange and promissory notes 0/4 0.00% 8.00% 43 Weak
Cheques 0/3 0.00% 13.00% 36 Weak
Credit transfers 0/1 0.00% 0.00% 1 Average
International guarantees 2/3 (66.67%) 54.55% 20.00% 5 Strong
Total 2 14.63% 12.00% 52 Strong
 
GOOD GOVERNANCE Inst. ratified Country score World avg. score Country rank in world Strength
Corruption 2/4 (50.00%) 66.67% 50.00% 34 Strong
Cultural Property 1/4 (25.00%) 31.25% 54.00% 142 Weak
Drugs 3/3 (100.00%) 100.00% 95.00% 1 Weak
Insider Trading 0/1 0.00% 4.00% 9 Weak
Organized crime 1/2 (50.00%) 62.50% 80.00% 112 Weak
Total 7 63.46% 68.00% 123 Weak
 
HUMAN RIGHTS AND LABOUR STANDARDS Inst. ratified Country score World avg. score Country rank in world Strength
Human Rights 6/7 (85.71%) 85.71% 96.00% 143 Weak
Labour Standards 6/8 (75.00%) 75.00% 86.00% 160 Weak
Total 12 80.00% 91.00% 161 Weak
 
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 8/10 (80.00%) 80.00% 73.00% 56 Average
Trade support institutions 5/6 (83.33%) 83.33% 51.00% 29 Strong
Total 14 82.35% 63.00% 46 Strong
 
INTELLECTUAL PROPERTY Inst. ratified Country score World avg. score Country rank in world Strength
Broadcasting 0/1 0.00% 47.00% 93 Weak
Copyright 2/3 (66.67%) 90.91% 65.00% 48 Strong
Industrial designs 1/2 (50.00%) 62.50% 31.00% 37 Strong
Integrated circuits 0/1 0.00% 2.00% 4 Weak
Neighboring Rights 1/3 (33.33%) 38.46% 46.00% 85 Weak
Origin 0/3 0.00% 14.00% 51 Weak
Patents 3/5 (60.00%) 71.43% 57.00% 60 Strong
Trademarks 3/6 (50.00%) 59.09% 33.00% 46 Strong
Varieties of plants 1/1 (100.00%) 100.00% 37.00% 1 Strong
Total 11 55.79% 42.00% 64 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 0/1 0.00% 31.00% 61 Weak
General 1/1 (100.00%) 100.00% 92.00% 1 Weak
Total 1 38.46% 53.00% 85 Weak
 
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 4/12 (33.33%) 33.33% 27.00% 55 Strong
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 2/4 (50.00%) 66.67% 40.00% 55 Strong
Telecommunications 2/2 (100.00%) 100.00% 47.00% 1 Strong
Total 29 60.14% 50.00% 55 Strong
 
TREATIES LAW Inst. ratified Country score World avg. score Country rank in world Strength
General 0/4 0.00% 30.00% 113 Weak
Total 0 0.00% 30.00% 113 Weak
 
WTO Inst. ratified Country score World avg. score Country rank in world Strength
Plurilateral Agreements 1/2 (50.00%) 50.00% 18.00% 26 Strong
WTO Agreements 1/1 (100.00%) 100.00% 81.00% 1 Strong
Total 2 72.73% 47.00% 26 Strong
 
Strengths and Weakness
Strong
Contracts E-commerce
Contracts Sale of Goods
Customs Customs Codification
Customs Exemption from Duties
Customs Temporary Admission
Dispute resolution Arbitration
Environment and products Air
Environment and products Chemicals
Environment and products Maritime and Law of the Sea
Finance, payments and insolvency International guarantees
Good Governance Corruption
Institutional Participation Dispute Resolution
Institutional Participation Trade support institutions
Intellectual property Copyright
Intellectual property Industrial designs
Intellectual property Patents
Intellectual property Trademarks
Intellectual property Varieties of plants
Investments Investment disputes
Transport and telecommunications Air transport
Transport and telecommunications Maritime shipping and load lines
Transport and telecommunications Maritime transport
Transport and telecommunications Space
Transport and telecommunications Telecommunications
WTO Plurilateral Agreements
WTO WTO Agreements
 
Average
Contracts Franchising
Contracts Principles, trade usages and standards
Finance, payments and insolvency Credit transfers
Institutional Participation International Trade Law
 
Weak
Contracts Agency
Contracts Conflict of laws
Contracts Leasing/Factoring
Contracts Procurement
Contracts Travel contracts
Customs Customs Cooperation
Customs Transit
Dispute resolution Judicial cooperation
Dispute resolution Recognition of foreign judgments
Dispute resolution State court jurisdiction
Dispute resolution State court procedure
Dispute resolution State immunities
Environment and products Energy
Environment and products Flora and fauna
Environment and products Foodstuff
Environment and products General
Environment and products International watercourses
Environment and products Protected geographical areas
Environment and products Waste
Finance, payments and insolvency Assignment of receivables
Finance, payments and insolvency Bankruptcy and insolvency
Finance, payments and insolvency Bills of exchange and promissory notes
Finance, payments and insolvency Cheques
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour Standards Human rights
Human Rights and Labour Standards Labour Standards
Intellectual property Broadcasting
Intellectual property Integrated circuits
Intellectual property Neighboring Rights
Intellectual property Origin
Investments Investment guaranty
Products General
Products Marine Resources
Products Timber
Transport and telecommunications Aircrafts and civil aviation
Transport and telecommunications Multi modal transport
Transport and telecommunications Rail transport
Transport and telecommunications Road transport
Treaties law General
Instruments ratifications

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