Index Shows World Talent Gap Widening

The Global Talent Competitiveness Index (GCTI), now six years old, is a measure of the ability of countries to “grow, attract and retain talent.”

It is produced by INSEAD (Institut Européen d’Administration des Affaires) in partnership with Google and the Adecco Group.
There are now 132 countries covered by the index and 155 cities are included in a parallel index. A report published earlier this year indicated that the competitiveness of the world elite in places like the USA, Singapore and Northern Europe is increasing compared to other countries.

The GCTI has six pillars:

  •  Enable; including the Regulatory, Market, and Business and Labour Landscapes
  • Attract; including External and Internal Openness
  • Grow; including Formal Education, Lifelong Learning, and Access to Growth Opportunities
  • Retain; including Sustainability and Lifestyle
  • Vocational and Technical Skills; including Mid-level Skills and Employability
  • Global Knowledge Skills; including High-level Skills and Talent impact.

The report has rankings overall and for four income groups. The top three countries overall and in the high-income group are:
1. Switzerland
2. USA
3. Singapore.

The top three in the upper-middle income group are:
1. Malaysia
2. Costa Rica
3. China.

The top three in the lower-middle income group are:
1. Philippines
2. Armenia
3. Indonesia.

The top three in the lower income group are:
1. Tajikistan
2. Gambia
3. Rwanda.

Source:
2020 Global talent Competitiveness Index

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