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These are the world’s most ‘talent-competitive’ countries, according to INSEAD

For the past ten years, the esteemed Global Talent Competitiveness Index (GTCI) has been scrutinizing the world's nations to identify the havens for top-tier talent, and Switzerland has consistently stood out as the reigning champion. This year is no exception, with Switzerland retaining its top position for the tenth consecutive year. Singapore and the United States follow closely behind, consistently securing spots in the top three.

Factors driving success

Switzerland's success in talent competitiveness is attributed to several factors, including its high output of new innovations, strong pensions and social protections, and an education system that aligns closely with the demands of its economy.

However, the pandemic has disrupted the dynamics of talent mobility, with 'brain circulation' slowing down due to travel restrictions and reduced international cooperation.

Skills crucial for talent-competitive countries

Despite the challenges posed by the pandemic, the GTCI's authors predict that talent competition will intensify in the coming decade. Skills and education will remain vital tools for countries seeking to boost their economic growth.

Organizations surveyed for the World Economic Forum's Future of Jobs Report 2023 identified better promotion and progression processes as the most promising strategy for increasing the availability of talent.

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