The book GEOPOLITICAL AND ECONOMIC CHALLENGES OF THE GLOBALIZED WORLD analyzes the predominant trends, sequences and shifts of globalization in their major economic, political and social aspects. It aims at making a fair and evidence-based assessment of what globalization means for Europe and focuses on the challenges it brings to two Balkan countries - Bulgaria and Serbia. The Balkans have always been a turbulent region which faces complex, yet specific problems. Balkan countries are coping with globalization in their own way, each contributing to the common European present and future. European security is inextricably linked to the safety and stability of the Balkans. Hence, Bulgaria's EU membership and the EU accession perspective of Serbia can only contribute to the reform process, regional reconciliation, and economic development. The book is the result of the joint efforts of a team of scholars from Bulgaria and Serbia. Its most valuable advantage is the diverse backgrounds and varied expertise of its authors - international economics, political science and sociology, and national security and media.