Argentine crisis ripples spread

ARGENTINA - Riots and looting on the streets of Buenos Aires have sparked jitters among economic pundits around the world.

If Argentina, once Latin America's richest and most advanced economy, can descend into near-anarchy in so short a time, what are the chances of trouble spreading?

Chaos in one emerging economy has a nasty habit of infecting the next - as happened in 1997-98, when a Russian devaluation followed hard on the heels of the Asian economic collapse.

This time around, however, all-out

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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