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Also, with oil out of the equation, which countries, according to you, will be the new energy centers? How will this impact world politics?
3. Water is a precious commodity. However, water management, especially in developing countries such as India leaves much to be desired. Some have suggested water privatization projects as a solution to the problem of water shortages in India, while others claim that such projects are nothing but political and financial scams, where the public ends up paying a global corporation very high tariffs for water. What are the advantages and disadvantages of water privatization to individuals, municipal bodies, and private entities? Give your answer, touching upon the pricing models that can be adopted and some examples of successful or unsuccessful water privatization projects in India or abroad...
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