In the INSEAD- 2022 rankings, Switzerland (1) and Singapore (2) maintained their lead as the most talent competitive countries, while many European economies (especially Nordic ones) kept their spot in the top 10. Smaller economies continued to display top-notch talent performance. This year, for example, Denmark outpaced the United States to place third. And, for the first time since 2017, Estonia entered the top 20.
Key takeaway messages:
- China (36) continued to climb the rankings and is now the most talent-competitive upper-middle-income country
- The data show that there is a strong, positive correlation between greater economic empowerment of women and higher talent competitiveness
- The pandemic has had a devastating impact on children’s education in impoverished countries. The percentage of children in low- and middle-income countries unable to read and understand a simple text by the age of 10 has risen from 53 percent to 70 percent, according to World Bank estimates.