Why is Guyana called a 'cooperative republic'?

Then in 1973, there was a change of our constitution, creating an executive president, removal of the vestiges of colonial rule such as the British Monarch as our head of state, and the formal creation of the socialist state known as the Co-operative Republic of Guyana. read more

1.17 On 23rd February 1970, Guyana became the first Co-operative Republic in the world and the first Republic in the Commonwealth Caribbean. 1.18 Ours is not the first or only government in the developing world to place major emphasis on the use and development of the co-operative as an instrument of development or in the thrust towards socialism. read more

Before 1966, Guyana was known as British Guiana (BG). There was a company called Bookers-McConnell that basically had a major influence with all industrial sectors of British Guiana. This is the reason why BG was known as Booker's Guiana. The head quarter was 22 Church Street, Georgetown, Guyana. read more

History of Parliament. The Parliament of Guyana was created by the 1966 Constitution of Guyana, embodied in the Schedule of the Guyana Independence Order, made pursuant to the Guyana Independence Act, 1966. The Guyana Independence Act was passed on 12th May, 1966 and came into force on 26th May, 1966. read more