Original sin is a term in economics literature, proposed by Barry Eichengreen, Ricardo Hausmann, and Ugo Panizza in a series of papers to refer to a situation in which "most countries are not able to borrow abroad in their domestic currency." The name is a reference to the concept of original sin in Christianity. == Original sin hypothesis == The original sin hypothesis has undergone a series of changes since its introduction.
Original sin is a term in economics literature, proposed by Barry Eichengreen, Ricardo Hausmann, and Ugo Panizza in a series of papers to refer to a situation in which "most countries are not able to borrow abroad in their domestic currency." The name is a reference to the concept of original sin in Christianity. == Original sin hypothesis == The original sin hypothesis has undergone a series of changes since its introduction.
Source: Wikipedia "Original sin (economics)" · CC BY-SA 4.0
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