India has slipped 6 places to 59 rank on aglobal annual list of 63 countries, due to low quality of life and expenditure on education, according to the latest edition of IMD world talent ranking, which was topped by Switzerland.
The ranking, which is based on the performance in three main categories- investments and development, appeals and readiness, noted that India is also lagging behind fellow BRICs countries china raned 47th and south Africa 50th.
India also witnessed one of the sharpest declines among Asian economies owing to low quality of life,negative impect of brain drain ,and low priority of its economy on attracting and retaining talents.
" The is a combination of several factors including expenditure on education per student and the quality of education which may be linked to the GDP growth, " said jose caballero is a senior economist at the IMD business school Switzerland and Singapore.
Caballero further said: " there are other issue issues that have an equally important impact then GDP growth, such as the effectiveness of the health system and womens participation in the labour force, "
On india's appeal factors with regard to the recent pollution issues caballero said, " Remuneration is an issue but when combined with other factors, exacerbate the status of the country in terms of appeals " .
Switzerland retained its title as the world's top talent hub , while Europe lead the way in fostering the best conditions for competitiveness in a skills scare globle economy.
Denmark was placed 2nd and Sweden, was in the 3rd place .The top 10 was completed by Australia 4th ,Luxembourg 5th, Norway 6th, Iceland 7th, Finland 8th, the Netherlands 9th and Singapore 10th .
The countries at the top of the rankings share strong levels of investment in education and a high quality of life. Meanwhile, china ranked in the lower half of the index. China 42nd fell 3 places due to low ranking government expenditures per student, cost of living index exposure to particle pollution....
You must be logged in to post a comment.