Yes, it is a Constitutional Republic, a decidedly different thing from a democracy.
JoMa
But not a decidedly different thing from a representative democracy.
There is nothing magical or sacred about a republic. To wit: The REPUBLIC of Cuba, The Union of Soviet Socialist REPUBLICS, The Peoples REPUBLIC of China, The Islamic REPUBLIC of Iran, The Socialist REPUBLIC of Vietnam.
Any excrementhole state can call itself a republic.