the sin of disobedience was the original sin in the bible.
what was the original sin in the bible?
the sin of disobedience
section::::sin in the bible.:old testament.:original sin.





























original sin, also called ancestral sin, is the christian doctrine of humanity's state of sin resulting from the fall of man, stemming from adam's rebellion in eden, namely the sin of disobedience in consuming from the tree of knowledge of good and evil. this condition has been characterized in many ways, ranging from something as insignificant as a slight deficiency, or a tendency toward sin yet without collective guilt, referred to as a "sin nature", to something as drastic as total depravity or automatic guilt of all humans through collective guilt.
christian views on sin
in the second version of the original sin hypothesis, barry eichengreen, ricardo hausmann and ugo panizza in 2002 discarded the domestic element of original sin and redefined (international) original sin as a situation in which most countries cannot borrow abroad in their own currency. they showed that almost all of the countries (except us, euro area, japan, uk, and switzerland) suffered from (international) original sin over time. eichengreen, "et al." concluded that weaknesses of national macroeconomic policies and institutions are not statistically related with original sin and found that the only statistically robust determinant of original sin was country size. moreover, they claimed that international transaction costs, network externalities, and global capital market imperfections were the main reasons (which are beyond the control of an individual country) of the original sin. hence, as a solution for the original sin problem, they proposed an international initiative and recommended development of a basket index of emerging-market currencies so that international financial institutions could issue debt denominated in this index until a liquid-market in this index had developed. burger and warnock (2003) suggested inclusion of information on domestic bond markets to account for the possibility that foreign investors were holding local-currency emerging market bonds to analyze the determinants of original sin. using this expanded measure, they showed that emerging markets economies could develop local bond markets (in which they can borrow in domestic currency) and attract global investors with stronger institutions and credible domestic policies. reinhart, rogoff and savastano (2003) criticized the suggested international solution for the original sin problem by claiming that the main problem of emerging market economies is to learn how to borrow "less" (debt intolerance) rather than learn how to borrow "more" in their domestic currency.
original sin (economics)