"Emerging Markets and the Global Economy" handbook explores how to understand and manage the financial complexities of developing countries. It looks at how these markets can affect the global economy and how they differ from more established markets. The book discusses new ways to measure and predict risks in these markets, which can be unpredictable. It also highlights the potential for growth in emerging markets and how they can offer unique investment opportunities. The authors focus on the role of these markets after economic crises and predict future trends in global financial connections.