This book delves into the multifaceted journey of globalization, tracing its evolution from historical roots to current dynamics, challenges and future possibilities. With ten meticulously crafted chapters contributed by global voices of academia, this book offers a comprehensive analysis of globalization’s impact on diverse regions and sectors. This book navigates key topics including China’s ambitious Belt and Road Initiative and its role in shaping the geopolitical landscape of East Asia and the Middle East. This book offers an intricate exploration of globalization, focusing on the challenges of precarious markets and emerging alternate models. It delves into the intersection of national development and globalization, scrutinizing how global forces interact with local economies. Themes, namely imperialism, institutional quality, and economic growth are examined in both developed and developing countries, offering nuanced perspectives on global inequalities. Additionally, the shift from globalization to deglobalization is also explored through the lens of BRICS countries, providing a deeper insight into the changing dynamics of international cooperation and development. This book further addresses the crucial interdependence of technology between developed and developing nations, highlighting how technological exchange shapes global progress. This book is an essential read and provides value addition for scholars, policymakers, and anyone interested in understanding the past, present, and future of globalization in an interconnected world.