The "Evolving" Economy of Kazakhstan | Economics Explained

Kazakhstan, once a Soviet state, is now Central Asia's largest economy, rich in natural resources. Despite challenges like being landlocked and reliant on oil, it has embraced the free market and international trade. The nation faces issues like corruption and economic instability but maintains strong global relations. Kazakhstan aims to diversify its economy and become a stable trade hub between East and West.

What role does oil play in Kazakhstan's economy and what are the risks associated with it?

Discuss the significance of the Belt and Road Initiative for Kazakhstan.

What steps is Kazakhstan taking to improve its global economic standing?

How did the portrayal of Kazakhstan in the Borat films affect its international image?