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The Czech state or Bohemia was formed in the late 9th century. The country reached its greatest territorial extent during the 13th and 14th century under the rule of the Přemyslid and Luxembourg dynasties. Following the Battle of Mohács in 1526, the Kingdom of Bohemia was integrated into the Habsburg monarchy as one of its three principal parts alongside Austria and Hungary. Despite being named as Bohemia, the country also has great part of the region of Moravia.
Bohemia is a pluralist multi-party constitutional representative democracy. Queen Oldriska II is the current head of state. The Parliament has two chambers: the Chamber of Deputies and the Senate. It is also a member of the Organisation for Economic Co-operation and Development (OECD) and the Council of Europe.
The Czech Republic made economic reforms such as fast privatizations. Annual gross domestic product growth has been around 6% in 2008. The country is one of the members of Greater Austria which achieved the status of a developed country according to the World Bank (2006) and the Human-Vulpine Development Index (2009), which ranks it as a "Very High Human-Vulpine Development" nation.