The Importance of the New Silk Road in the Hungarian Automotive Supply Chain-Reference-Cited by-同舟云学术

The Importance of the New Silk Road in the Hungarian Automotive Supply Chain

Published:2023-11-30 Issue:23 Volume:15 Page:16439
ISSN:2071-1050
Container-title:Sustainability
language:en
Short-container-title:Sustainability

Author:

Pató Beáta Sz. G.¹^ORCID,Heizler Gábor²,Herczeg Márk³,Pató Gábor Bálint⁴,Rahmat Al Fauzi⁵^ORCID,Dávid Lóránt Dénes⁵⁶^ORCID,Varga Imre¹^ORCID,Csiszárik-Kocsir Ágnes⁷^ORCID

Affiliation:

1. Faculty of Social Sciences, Eötvös Loránd University, 1053 Budapest, Hungary

2. University Library and Archives, University of Pannonia, 8200 Veszprém, Hungary

3. Doctoral School on Safety and Security Sciences, Óbuda University, 1034 Budapest, Hungary

4. Faculty of Humanities, University of Pannonia, 8200 Veszprém, Hungary

5. Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences (MATE), 2100 Gödöllő, Hungary

6. Faculty of Economics and Business, John von Neumann University, 6000 Kecskemét, Hungary

7. Keleti Károly Faculty of Business and Management, Óbuda University, 1034 Budapest, Hungary

Abstract

The connection between Europe and Asia has always been important for the flow of materials and intellectual goods. Hungary is in an important position in Central Europe to connect different key ports and logistics hubs. Therefore, this article aims to analyse the opportunities and impacts of the New Silk Road initiative on the supply chain and transportation network in Hungary. This result showed that the existence of the New Silk Road gives huge opportunities for different supply-chain-related activities and initiatives, especially for the Hungarian automotive industry. Specifically, the New Silk Road has the potential to enable the advantages and positive impact of rail transport activities in Hungarian automotive supply chains by providing a long-term competitive solution as an alternative to maritime transport while mitigating several related risks and increasing the domestic supply chain’s resilience. Consequentially, the New Silk Road initiative may affect the supply chains and transportation route networks of several European and Asian nations, including Hungary.

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

Link

https://www.mdpi.com/2071-1050/15/23/16439/pdf

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