The BusinessWorld Report (published on March 2, 2018) on the Global Talent Competitiveness Index (GRCI). The index measures and ranks countries based on four (4) key pillars: a) Enable (the country’s regulatory and business landscapes), b) Attract (how open a country is to “outside” talent and the “underprivileged”, c) Grow (how well a country develops its people, e.g. education) and d) Retain (e.g., quality of life). It also takes into account the country’s availability of workers with vocational and technical skills and “global knowledge” skills (e.g., workers in managerial and professional positions).
The Philippines placed 54th out of 119 countries globally, above Thailand (70th place), Indonesia (77th place) and Vietnam (87th place). The country is classified as a lower middle-income country and is settled in the middle of 12 East and Southeast Asian countries covered by the survey. Singapore placed 2nd and classified as a high income country. Other countries’ rank are shown in the infographic. (Source: Global Talent Competitiveness Index 2018 (INSEAD, ADECCO Group and TATA Communications).
