National Cooperative Commercial Banking and Development Strategy in Guyana

Kempe R. Hope

American Journal of Economics and Sociology, 1975, vol. 34, issue 3, 309-322

Abstract: Abstract. The evolution of the cooperative movement in Guyana resulted in the adoption of a new development strategy. In it a leadership role is given to a new type of government bank, the Guyana National Cooperative Bank. Its mission is to protect and nurture the developing country's cooperative societies, organized mostly on Rochdale principles or on those of the Scandinavian marketing cooperatives. Basically a development savings bank, the GNCB is also an organ through which the Government is minimizing the role of foreign banks in the export sector of the national economy.

Date: 1975
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:34:y:1975:i:3:p:309-322

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