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ort Administrative divisions: none (British crown dependency) Independence: none (British crown dependency) National holiday: Liberation Day, 9 May (1945) Constitution: unwritten; partly statutes, partly common law and practice Legal system: English law and local statute; justice is administered by the Royal Court Suffrage: 18 years of age; universal Executive branch: chief of state: Queen ELIZABETH II (since 6 February 1952) head of government: Lieutenant Governor Sir John COWARD (since NA 1994) and Bailiff De Vic G. CAREY (since NA) cabinet: Advisory and Finance Committee appointed by the Assembly of the States elections: none; the monarch is hereditary; lieutenant governor appointed by the monarch; bailiff appointed by the monarch Legislative branch: unicameral Assembly of the States (59 voting members - 12 councilors serving six-year terms, half elected every three years; 33 deputies elected from multi- or single-member districts every four years; 10 representatives from parish authorities; 2 representatives from Aldenay; the bailiff and deputy bailiff; and 2 non-voting members - the Attorney General and the Solicitor General both appointed by the monarch elections: last held 20 April 1994 (next to be held NA 2000) election results: percent of vote - NA; seats - all independents Judicial branch: Royal Court Political parties and leaders: none; all independents International organization participation: none Diplomatic representation in the US: none (British crown dependency) Diplomatic representation from the US: none (British crown dependency) Flag description: white with the red cross of Saint George (patron saint of England) extending to the edges of the flag and a yellow equal-armed cross of William the Conqueror superimposed on the Saint George cross @Guernsey:Economy Economy - overview: Financial services - banking, fund management, insurance, etc. - account for about 55% of total income in this tiny Channel Island economy. Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, have been declining. Light tax and death duties make Guernsey a popular tax haven. The evolving economic integration of the EU nations is changing the rules of the game under which Guernsey operates. GDP: purchasing power parity - $1.15 billion (1997 est.) GDP - real growth rate: 2.3% (1997 est.) GDP - per capita: purchasing power parity - $18,100 (1997 est.) GDP - comp
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