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100 _a Düzçay, Güney and Öncü, T. Sabri
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245 _aIndia’s inclusion in the JP Morgan GBI-EM indices: A path to Eden or just another sin?
260 _aEconomic and Political Weekly
300 _a58(47). Nov 25, 2023: p.13-18
520 _aThe concept of “original sin” was introduced by Eichengreen and Hausmann (1999), defining it as “a situation in which the domestic currency cannot be used to borrow abroad or to borrow long term, even domestically.” Subsequently, Eichengreen et al (2003) redefined the concept as a country’s inability to borrow abroad in its own currency, suggesting the term “domestic original sin” for the country’s inability to borrow in its own currency long-term domestically. We adopt the Eichengreen et al (2003) definition of original sin.- Reproduced https://www.epw.in/journal/2023/47/h-t-parekh-finance-column/indias-inclusion-jp-morgan-gbi-em-indices.html
650 _aOriginal sin Domestic currency Borrowing abroad Eichengreen and Hausmann (1999) Eichengreen et al (2003) Domestic original sin International finance Long-term borrowing Currency risk Economic implications
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773 _aEconomic and Political Weekly
906 _aINTERNATIONAL TRADE
942 _cAR