Question

In Latin America, globalization and neoliberalism have led to the development of policies, such as the privatization of the water supply, that reduce local control over important resources. In what ways is globalization a “double-edged” sword that brings both benefits and problems to developing countries?

Answer 1

I am not sure about benefits, but many problems, at least it does not worth

Step-by-step explanation:

many many problems and a little benefits, it depend on POV, for EU, USA and big powers has many benefits to export their culture and force (in a light and hidden way) indigenous people to accept it, but for local people its many problems: losing their language, culture, accepting the culture of consuming and many more.

But, what is the solution? Decolonialization.