Imbierowicz, Björn; Nagengast, Arne J.; Prieto, Esteban; … - 2025
markets, and the real economy. Leveraging a unique dataset that combines a credit register with foreign direct investment (FDI …The pace of globalization has slowed since the global financial crisis, raising concerns about widespread … deglobalization and market fragmentation. We examine the effects of a deglobalization shock on bank lending, firm internal capital …