The United States climbed four spots to 12th place in attracting and fostering talent, according to a global study by the Switzerland-based International Institute for Management Development (IMD Business School), while the top slot has been retained by the Alpine nation – Switzerland. It is followed by Denmark, Norway, Austria and the Netherlands in the top five.
At sixth place, Canada is the only non-European nation in the top 10, which also includes Finland (7th), Sweden (8th), Luxembourg (9th), and Germany (10th). The United States (12th) achieved the best placements in Indo-Pacific in terms of talent competitiveness, its position was ahead of Singapore, which was ranked 13th and Australia, which took the 14th place.
The ranking is based on countries’ performance in three main categories: Investment and development, appeal and readiness. The three categories assess how countries perform in a wide range of areas. These include education, apprenticeships, workplace training, language skills, cost of living, quality of life, remuneration and tax rates. The Slovak Republic (59th), Colombia (60th), Mexico (61st), Mongolia (62nd), and Venezuela (63rd) are the last countries in the ranking.
Top 20 most talent-competitive economies in the World for 2018
- United States
- Hong Kong
- New Zealand
Infographic top 20 most talent-competitive economies in the World for 2018:
The views expressed in this article are those of the author alone and not the CEOWORLD magazine.
We’d like to hear what you think about this or any of our articles. Here’s our email: email@example.com.
Follow The CEOWORLD magazine on Facebook, Twitter (@ceoworld), Instagram, and LinkedIn.