Singapore secures the second position, boasting a highly educated workforce and an innovation-oriented economy.
Following closely is the United States, moving up to third place from fourth in 2022.
The report measures how 134 countries attract, grow, and retain talented individuals and indicates that over the past decade, there has been an unchanging correlation between a country’s wealth and its ability to compete. Wealthier countries continue to outshine economically disadvantaged ones, with Denmark, the Netherlands, Finland, and Norway ranking 4th, 5th, 6th, and 7th, respectively. Australian ranks 8th, and the United Kingdom ranks 10th. China has moved up from 47th to 40th place.
India, the world’s third-largest economy, faces challenges. Despite predictions that India would become the third-largest economy by 2030, it now ranks 103rd due to low business confidence,…
