The 2018 Global Talent Competitiveness Index (GTCI) report found that Switzerland still leads the way in terms of talent competitiveness, followed by Singapore and the United States. In general, European countries continue to dominate the rankings, with 15 in the top 25.
The report, published by INSEAD, in partnership with the Adecco Group and Tata Communications, assesses the policies and practices that enable a country to attract, develop and retain:
- Technical/vocational skills
- Global knowledge skills associated with innovation, entrepreneurship and leadership.
According to the findings, the 10 most talent-competitive countries in Asia Pacific 2018 are:
- Singapore (2nd globally)
- Australia (11th globally)
- New Zealand (12th globally)
- Japan (20th globally)
- Malaysia (27th globally)
- South Korea (30th globally)
- China (43rd globally)
- Philippines (54th globally)
- Thailand (70th globally)
- Mongolia (75th globally)
On the global front, the top ten countries (given below) share some major features: a well-developed educational system, in addition to a flexible regulatory and business landscape, employment policies which combine flexibility and social protection, and external and internal openness.
The top 10 countries globally for talent competitiveness:
Among the non-European countries ranking high this year, are Australia (11th), New Zealand (12th), Canada (15th), the United Arab Emirates (17th), and Japan (20th).