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In this book, the authors present current research in the study of the global practices, strategies and challenges of global economic development and emerging markets in the 21st century. Topics discussed include the role of social sciences in global economic development; parametric control of economic growth processes and characteristics of short-term cycles; development of the world economy in the system of continental-oceanic polarisation; green economies in rural areas through geotourism and geoparks; perspectives on poverty alleviation through community-based enterprise, innovation capabilities and vertical integration mindsets; U-City development for economic competitiveness in an advanced ICT era; EU low-carbon revolution's influence on China and its countermeasures; risk management of floodwater utilisation based on water utilities IOT; and poverty, inequality and socio-economic development in Colombia.