The Global Talent Competitiveness Index (GTCI)
Posted on : 27 Feb 2020
Views: 1213- Launched for the first time in 2013, the Global Talent Competitiveness Index (GTCI) is an annual benchmarking report that measures the ability of countries to compete for talent.
- It provides a wealth of data and analysis that helps decision-makers develop talent strategies, overcome talent mismatches and become more competitive in the global marketplace.
- 2020 GTCI report focuses on Global Talent in the Age of Artificial Intelligence.
- The index includes 70 variables and covers 132 countries.
- The six metrics used to decide a country's rank are - enable, attract, grow, retain, vocational skills and global knowledge skills.
- This year, Switzerland topped the list of 132 countries, followed by the US and Singapore.
- Top 10 league table: Other countries in the top 10 include Sweden at the 4th position, Denmark (5th), the Netherlands (6th), Finland (7th), Luxembourg (8th), Norway (9th) and Australia (10th).
- In the BRICS grouping, China was ranked 42nd, Russia (48th), South Africa (70th) and Brazil at 80th position.
- India has secured 72nd place in the index while last year the country was ranked at 80th position.
- The report said the gap between high income, talent-rich nations and the rest of the world is widening. More than half of the population in the developing world lack basic digital skills.
Article Related Questions
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The Global Talent Competitiveness Index (GTCI), an annual benchmarking report, is published by?
1.Indian School of Business
2.INSEAD
3.World Economic Forum
4.World Bank
Right Ans : INSEAD
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