Slovakia

Abstract

Wikipedia Country Information

Slovakia ( ( listen); Slovak: Slovensko [ˈsloʋensko] ( listen)), officially the Slovak Republic (Slovak: Slovenská republika, listen ), is a landlocked country in Central Europe. It is bordered by the Czech Republic and Austria to the west, Poland to the north, Ukraine to the east and Hungary to the south. Slovakia's territory spans about 49,000 square kilometres (19,000 sq mi) and is mostly mountainous. The population is over 5 million and comprises mostly ethnic Slovaks. The capital and largest city is Bratislava. The official language is Slovak.
The Slavs arrived in the territory of present-day Slovakia in the 5th and 6th centuries. In the 7th century, they played a significant role in the creation of Samo's Empire and in the 9th century established the Principality of Nitra. In the 10th century, the territory was integrated into the Kingdom of Hungary. After World War I and the dissolution of the Austro-Hungarian Empire, the Slovaks and Czechs established Czechoslovakia. A separate (First) Slovak Republic (1939–1945) existed in World War II as a client state of Nazi Germany. In 1945, Czechoslovakia was re-established and under Communist rule became Soviet satellite. In 1989, the Velvet Revolution ended Communist rule in Czechoslovakia. Slovakia became an independent state on 1 January 1993 after the peaceful dissolution of Czechoslovakia, sometimes known as the Velvet Divorce.
Slovakia is a high-income advanced economy with a very high Human Development Index, a very high standard of living and performs favourably in measurements of civil liberties, press freedom, internet freedom, democratic governance and peacefulness. The country maintains a combination of market economy with a comprehensive social security system. Citizens of Slovakia are provided with universal health care, free education and one of the longest paid maternity leave in the OECD. The country joined the European Union in 2004 and the Eurozone on 1 January 2009. Slovakia is also a member of the Schengen Area, NATO, the United Nations, the OECD, the WTO, CERN, the OSCE, the Council of Europe and the Visegrád Group. The Slovak economy is one of the fastest growing economies in Europe and 3rd fastest in eurozone. Its legal tender, the Euro, is the world's 2nd most traded currency. Although regional income inequality is high, 90% of citizens own their homes. In 2016, Slovak citizens had visa-free or visa-on-arrival access to 165 countries and territories, ranking the Slovak passport 11th in the world. Slovakia is the world’s largest per-capita car producer with a total of 1,040,000 cars manufactured in the country in 2016 alone and the 7th largest car producer in the European Union. The car industry represents 43% of Slovakia's industrial output, and a quarter of its exports.


Summary
Instruments ratified: 166 / 282
World Average Ratifications: 114 / 282
Ratification rate: 59.84%
World Average Rate: 41.25%
Weighted score: 66.68%
World Average Weighted Score: 41.25%
World rank: 26 / 194
Eastern Europe rank: 4 / 10
Eastern Europe Avg. Ratifications: 160 / 282
Europe Union rank: 21 / 28
Europe Union Avg. Ratifications: 180 / 282
Transition economy rank: 8 / 28
Transition economy Avg. Ratifications: 141 / 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
Procurement1/4 (25.00%)21.43%3.00%1Strong
Sale of Goods3/5 (60.00%)81.82%25.00%2Strong
Travel contracts0/10.00%3.00%7Weak
Total417.39%9.00%25Strong
 
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification2/3 (66.67%)100.00%78.00%1Strong
Customs Cooperation3/6 (50.00%)60.00%26.00%4Strong
Exemption from Duties7/9 (77.78%)77.78%30.00%6Strong
Temporary Admission6/11 (54.55%)58.82%28.00%34Strong
Transit3/4 (75.00%)100.00%28.00%1Strong
Total2171.74%31.00%20Strong
 
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration4/6 (66.67%)60.00%32.00%11Strong
Judicial cooperation5/5 (100.00%)100.00%36.00%1Strong
Recognition of foreign judgments0/20.00%2.00%6Weak
State court jurisdiction1/4 (25.00%)100.00%14.00%1Strong
State court procedure0/10.00%6.00%12Weak
State immunities 1/1 (100.00%)100.00%11.00%1Strong
Total1178.00%29.00%2Strong
 
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air4/5 (80.00%)80.00%86.00%59Weak
Chemicals1/1 (100.00%)100.00%78.00%1Strong
Energy2/2 (100.00%)100.00%25.00%1Strong
Flora and fauna6/10 (60.00%)65.22%68.00%91Weak
Foodstuff2/2 (100.00%)100.00%79.00%1Strong
General1/1 (100.00%)100.00%95.00%1Weak
International watercourses0/10.00%18.00%36Weak
Maritime and Law of the Sea11/26 (42.31%)55.43%46.00%77Strong
Protected geographical areas 1/1 (100.00%)100.00%27.00%1Strong
Waste1/1 (100.00%)100.00%93.00%1Weak
Total2967.19%61.00%67Average
 
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
Corruption3/4 (75.00%)75.00%50.00%6Strong
Cultural Property4/4 (100.00%)100.00%54.00%1Strong
Drugs3/3 (100.00%)100.00%95.00%1Weak
Insider Trading0/10.00%4.00%9Weak
Organized crime2/2 (100.00%)100.00%80.00%1Strong
Total1292.31%68.00%2Strong
 
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights6/7 (85.71%)85.71%96.00%143Weak
Labour Standards7/8 (87.50%)87.50%86.00%134Weak
Total1386.67%91.00%150Weak
 
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution1/1 (100.00%)100.00%39.00%1Strong
International Trade Law 9/10 (90.00%)90.00%73.00%34Strong
Trade support institutions5/6 (83.33%)83.33%51.00%29Strong
Total1588.24%63.00%36Strong
 
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Broadcasting1/1 (100.00%)100.00%47.00%1Strong
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 Rights3/3 (100.00%)100.00%46.00%1Strong
Origin2/3 (66.67%)66.67%14.00%7Strong
Patents5/5 (100.00%)100.00%57.00%1Strong
Trademarks5/6 (83.33%)95.45%33.00%10Strong
Varieties of plants1/1 (100.00%)100.00%37.00%1Strong
Total2189.47%42.00%9Strong
 
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 transport4/7 (57.14%)76.19%59.00%54Strong
Aircrafts and civil aviation 5/9 (55.56%)76.00%74.00%80Weak
Maritime shipping and load lines 8/13 (61.54%)80.00%66.00%88Strong
Maritime transport4/12 (33.33%)25.00%27.00%94Weak
Multi modal transport 0/20.00%4.00%15Weak
Rail transport3/3 (100.00%)100.00%22.00%1Strong
Road transport4/4 (100.00%)100.00%31.00%1Strong
Space3/4 (75.00%)83.33%40.00%16Strong
Telecommunications1/2 (50.00%)83.33%47.00%26Strong
Total3272.97%50.00%28Strong
 
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
General3/4 (75.00%)91.67%30.00%4Strong
Total391.67%30.00%4Strong
 
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements1/2 (50.00%)50.00%18.00%26Strong
WTO Agreements1/1 (100.00%)100.00%81.00%1Strong
Total272.73%47.00%26Strong
 
Strengths and Weakness
Strong
ContractsProcurement
ContractsSale of Goods
CustomsCustoms Codification
CustomsCustoms Cooperation
CustomsExemption from Duties
CustomsTemporary Admission
CustomsTransit
Dispute resolutionArbitration
Dispute resolutionJudicial cooperation
Dispute resolutionState court jurisdiction
Dispute resolutionState immunities
Environment and productsChemicals
Environment and productsEnergy
Environment and productsFoodstuff
Environment and productsMaritime and Law of the Sea
Environment and productsProtected geographical areas
Good Governance Corruption
Good Governance Cultural Property
Good Governance Organized crime
Institutional ParticipationDispute Resolution
Institutional ParticipationInternational Trade Law
Institutional ParticipationTrade support institutions
Intellectual propertyBroadcasting
Intellectual propertyCopyright
Intellectual propertyIndustrial designs
Intellectual propertyNeighboring Rights
Intellectual propertyOrigin
Intellectual propertyPatents
Intellectual propertyTrademarks
Intellectual propertyVarieties of plants
InvestmentsInvestment disputes
Transport and telecommunicationsAir transport
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsRail transport
Transport and telecommunicationsRoad transport
Transport and telecommunicationsSpace
Transport and telecommunicationsTelecommunications
Treaties lawGeneral
WTOPlurilateral Agreements
WTOWTO Agreements
 
Average
ContractsFranchising
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
 
Weak
ContractsAgency
ContractsConflict of laws
ContractsE-commerce
ContractsLeasing/Factoring
ContractsTravel contracts
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court procedure
Environment and productsAir
Environment and productsFlora and fauna
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
Finance, payments and insolvencyInternational guarantees
Good Governance Drugs
Good Governance Insider Trading
Human Rights and Labour StandardsHuman rights
Human Rights and Labour StandardsLabour Standards
Intellectual propertyIntegrated circuits
InvestmentsInvestment guaranty
ProductsGeneral
ProductsMarine Resources
ProductsTimber
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsMulti modal transport
Instruments ratifications

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