Poland as an Regional Logistic Hub Serving the Development of Northern Corridor of the New Silk Route

Abstract

Foreign portfolio investments and international capital flows have crucial effects on stock market indexes and economic performance of a country. In this article, the effects of foreign portfolio investments on fluctuations of BIST100 index were examined. In this context, data of 522 weekly time series between 07.01.2005 and 02.01.2015 were used. For stock certificates of people living abroad and the BIST100 index, time series econometrics was applied and it was tested with VAR method. In this article, in order to define the direction of causality between variables, Granger causality test, action-reaction function and variant discretisation techniques were used. "It was concluded that in BIST100 index as more foreign investors buy the stocks, the index navigates in higher levels. So foreign portfolio investments and international capital flows have impact on BIST100 index.

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

“…Therefore, behind the New Silk Road railway that connects continents, it is possible to create a potentially massive transportation revolution [72], and it emphasizes economic, diplomatic, and educational intra-region relations [73,74]. Moreover, cooperation in essential physical infrastructure development, such as between the borders of Hungary and Romania, might significantly advance regional potential and enhance economic competitiveness [75], as the land-road connection between Europe and Asia is an excellent opportunity for international supply chains to increase their agility and responsiveness to market needs [76]. Figure 3 illustrates that some forecasts [77] show that demand for rail freight is growing, with the New Silk Road offering a competitive rail solution alongside water and air transport.…”

“…market needs [76]. Figure 3 illustrates that some forecasts [77] show that demand for rail freight is growing, with the New Silk Road offering a competitive rail solution alongside water and air transport.…”

China’s New Silk Road and Central and Eastern Europe—A Systematic Literature Review

“…Specific industries, such as the automotive and electronics industries, will perform better than other industries due to their higher value/weight ratios. The development of the railways will have a more significant impact on these sectors, and countries in which these products account for a large share of trade [37] as competitive freights can reduce operational costs and increase the access of local trading partners to international trade structures [90].…”

New Silk Road – An Opportunity for the Development of Rail Container Transport in Poland?

“…The information collected in that way were then used to fill the existing research gap regarding the NSR initiative. As far as literature is concerned, the Sino-Polish relations have been described only in a few publications (Bartosiewicz, Szterlik, 2018;Bentyn, 2016;Górski, 2016; 2017; Kamiński, 2019;Lubina, 2017;Marszałek-Kawa, 2014;Marszałek-Kawa, Dmochowski, 2018;Motowidlak, Kujawa, 2018;Szczudlik-Tatar, 2015;, none of which refers to the impact of the Chinese initiative on container rail transport in Poland.…”