CURRENT AFFAIRS

Detailed explanation-1: -Switzerland and Singapore firmly retain their leading position while Denmark makes it into the top 3. United States ranks 4th, and many European economies continue to dominate – Sweden (5th), Netherlands (6th), Norway (7th), Finland (8th) and the United Kingdom (10th).

Detailed explanation-2: -Data from the 2022 IMD World Talent Ranking (WTR) shows that Switzerland remains the leader among 63 economies in attracting and retaining talent for the sixth consecutive year. It is followed by Sweden, Iceland, Norway, then Denmark. Since 2018, Iceland has leapt from 16th to third.

Detailed explanation-3: -Among Asian countries studied, Singapore ranked 2nd, while Vietnam came in 74th; Thailand 75th; Indonesia 82nd; the Philippines ranked 80th, and India ranked 101st. The Global Talent Competitiveness Index (GTCI) 2022, released on 3 November, saw Malaysia taking the 45th spot among 133 countries ranked around the world.

Detailed explanation-4: -International Institute for Management Development (IMD) World Competitiveness Center’s “World Talent Ranking Report 2021” has been released. India ranks 56th in the report. Europe continues to dominate the rankings.