dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Cities
  • People

Switzerland Tops The Global Talent List Of 2020

  • June 3, 2021
zurich-thimo-pedersen-vQ9kKDptlj0-unsplash
Total
0
Shares
0
0
0
  • European economies take eight out of top 10 spots in 2020 world talent ranking.
  • Apprenticeships and employee training are measured alongside education at all levels.Turkey, Estonia, the UAE, Peru and Chile are among 27 economies who improved their performance in 2020.
  • Brexit was found to have had an impact on the UK’s position, which slipped to number 23.

A global ranking of 63 countries has found that investing in education at all levels boosts competitiveness by developing and attracting talent.

“Most economies that perform well focus their talent development efforts in every stage of the educational process,” write Professor Arturo Bris and Dr Christos Cabolis of Switzerland’s Institute for Management Development, which has been compiling the IMD World Talent Ranking for seven years.

The ranking assesses three factors: investment in and development of home-grown talent; a country’s appeal to overseas talent; and the quality of skills and competencies available.

It includes primary, secondary and tertiary education, as well as apprenticeships and work training.

a chart showing different countries competitiveness ranking
The top 10 consists of 80% European countries.Image: IMD World Talent Ranking 2020

Here are some highlights:

Switzerland leads the way

Switzerland tops the IMD World Talent Ranking for the fourth year in a row, with top performances for those being channelled into university and starting apprenticeships. “The country is also attractive to foreign labour thanks to the high quality of life and remuneration,” the authors say.

Followed by Denmark

Denmark performs well across the board and stands out for the perceived fairness of its society. For example, it ranks first for implementing justice. It also has the most motivated workforce and prioritizes employee training in the private sector more than any other country.

Luxembourg takes bronze

Luxembourg has consistently improved over the past five years, progressing from 11th to 3rd place in the rankings. This is due to “marked improvement” in investment and development. It leads the table in the total public expenditure on education per student and in the quality of education in primary school – as measured by pupil-teacher ratio.

Top 10 movers

Iceland and Sweden complete the five most competitive economies in terms of talent. Austria, Norway, Singapore and the Netherlands remain in the top 10 with minor fluctuations from last year, while Canada moves up five spots to become the eighth most talent-competitive economy – and one of only two non-European countries in the top 10.

Risers and fallers

Twenty-seven economies improved their performance in the 2020 World Talent Ranking, led by Turkey, up 12 places, Estonia (+8), the UAE (+6), Peru, Chile and Canada (+5). The most significant declines were in Russia (-7), Kazakhstan (-6), Hungary and Saudi Arabia (-5).

The Brexit effect

The United Kingdom’s departure from the European Union appears to be reflected in the talent competitiveness figures, the report says. “In 2016, the year of the Brexit vote, the UK was in 16th position in the same ranking,” the authors note. “This year’s 23rd position is a likely reflection that uncertainties around Brexit have been chipping away at the UK’s talent competitiveness.”

The future of jobs

Skills, reskilling and the future of work are key areas of focus in the World Economic Forum’s Future of Jobs Report 2020. It calls for a shift towards a socio-economic system that is fairer and more sustainable, with social mobility and economic prosperity that does not damage the planet.

“If this opportunity is missed, we will face lost generations of adults and youth who will be raised into growing inequality, discord and lost potential,” the authors say.

The Forum’s Jobs Reset Summit on 1-2 June 2021 will address the most critical areas, develop pathways for action and bring together leaders and organizations to accelerate progress.

This is particularly urgent in the fallout from COVID-19, which has taken a “staggering toll” on lives and livelihoods, the Forum says.

In 2020, the global workforce lost an equivalent of 255 million full-time jobs, an estimated $3.7 trillion in wages and 4.4% of global GDP.

“While vaccine rollout has begun and the growth outlook is predicted to improve, an even socio-economic recovery is far from certain,” the Forum says.


Republished from the World Economic Forum

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Employment
  • European Union
  • Switzerland
  • Talent
  • Workforce
majulah

Previous Article
  • Cities

SKT Secures First Sustainability-Linked Loan From DBS bank

  • June 3, 2021
View Post
Next Article
ufo-albert-antony-HWQXIYbs8PM-unsplash
  • People

One Third of Americans Believe in Aliens

  • June 3, 2021
View Post
You May Also Like
View Post
  • People

Singapore’s national identity excludes those who don’t look like a ‘regular family’

  • dotlah.com
  • October 9, 2025
View Post
  • Cities

Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading

  • dotlah.com
  • September 21, 2025
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025
View Post
  • People
  • Politics

Singapore PM Wong arrives in Malacañang

  • dotlah.com
  • June 4, 2025
View Post
  • Cities

Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong

  • dotlah.com
  • June 4, 2025
View Post
  • Cities
  • Politics

Singapore businesses eye more investments in PH, says PM Wong

  • Dean Marc
  • June 4, 2025
View Post
  • Featured
  • Features
  • People

Conclave: How A New Pope Is Chosen

  • Dean Marc
  • April 25, 2025
View Post
  • Cities
  • Research

Mathematicians uncover the logic behind how people walk in crowds

  • dotlah.com
  • April 3, 2025


Trending
  • 1
    • Lah!
    • Society
    DBS Rolls Out Digital Solutions To Give Businesses “Contact-free” Banking Options For Greater Peace Of Mind During Covid-19
    • February 29, 2020
  • oracle-ibm 2
    • Artificial Intelligence
    • Technology
    IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud
    • May 6, 2025
  • support group holding hands 3
    • People
    Drug And Alcohol Rehab Success Rates: Do They Really Work?
    • October 22, 2020
  • 00 - Holiday Deals 4
    • Gears
    Holiday Gifts! Christmas Gifts in this Merry Season Discounts.
    • December 9, 2024
  • 5
    • Lah!
    Singapore’s GDP Growth Expected To Be At 0%-1% For 2019
    • August 13, 2019
  • 6
    • Lah!
    • Technology
    Microsoft Singapore’s Commitment To Building Sustainable Financial Services For Web 3.0
    • November 23, 2021
  • 7
    • Lah!
    • Technology
    UOB Launches UOB My Digital Space Education Programme For Disadvantaged Children Across The Region
    • May 1, 2020
  • 8
    • Cities
    Singapore Airlines Selects Airbus A350F To Renew Freighter Fleet
    • December 18, 2021
  • Cooking pots and pans 9
    • Gears
    Best Pots and Pans 2025: All-Season, All-Purpose Picks for Every Kitchen
    • September 23, 2025
  • 10
    • Lah!
    Mediacorp And Temasek Polytechnic Join Hands In Collaboration Agreement
    • June 17, 2020
  • 11
    • Lah!
    Sunseap’s Solar Capacity In Singapore Crosses 300 MWp Milestone
    • May 9, 2020
  • 12
    • Cities
    • Lah!
    SNDGO And NTUC Sign MOU To Enhance Workers’ Digital Skills And Spur Co-Creation Of Smart Nation Initiatives
    • December 2, 2019
Trending
  • 1
    Why climate summits fail – and three ways to save them
    • October 21, 2025
  • Bluetooth speakers 2
    Best Bluetooth Speakers Under $200 (2025 Edition)
    • October 16, 2025
  • 3
    Apple Vision Pro upgraded with the powerful M5 chip and comfortable Dual Knit Band
    • October 15, 2025
  • 4
    Apple unveils new 14‑inch MacBook Pro powered by the M5 chip, delivering the next big leap in AI for the Mac
    • October 15, 2025
  • 5
    Apple introduces the powerful new iPad Pro with the M5 chip
    • October 15, 2025
  • 6
    Singapore’s national identity excludes those who don’t look like a ‘regular family’
    • October 9, 2025
  • Smart Watch 7
    Best Smartwatches, Your Gateway to Health Monitoring and Everyday Use
    • October 5, 2025
  • Cooking pots and pans 8
    Best Pots and Pans 2025: All-Season, All-Purpose Picks for Every Kitchen
    • September 23, 2025
  • 9
    Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading
    • September 21, 2025
  • Kitchen Knives - Best All-Around Picks in 2025 10
    Kitchen Knives : The Surgeons of Cooking – Best All-Around Picks in 2025
    • September 15, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.