According to the global graduate business school, INSEAD, Estonia is among the most talent-ready countries in the world.
The second edition of the Global Talent Competitiveness Index, created by INSEAD, in partnership with Singapore’s Human Capital Leadership Institute and Adecco, placed Estonia 19th in the index, just ahead of Japan and right after Belgium.
The index measures the countries’ ability to attract and incubate talent. According to INSEAD, in the ranking of 93 countries, European states continue to dominate the list with 16 of them in the top 25.
“Switzerland maintains its number one spot, while four non-European countries are among the top ten: Singapore, the United States, Canada and Australia,” INSEAD said in a statement.
“By virtue of their small size, Switzerland, Singapore and Luxembourg – the top three – have no choice but to be open economies,” INSEAD added. “They show a high degree of openness in terms of trade, investments and people, where their small population, geography and lack of natural resources have meant that they have had to play the game of globalisation from early days.”
“Other countries which have realised that an attractive talent pool encourages multinational corporations to invest within their borders include the Nordic countries which are all in the top 20.”
In a video interview, the authors behind the index specifically singled out Estonia, by pointing out that it has made into the top 20, surpassing France (23), for example.
The top 20 talent-ready countries are:
- Switzerland
- Singapore
- Luxembourg
- United States
- Canada
- Sweden
- United Kingdom
- Denmark
- Australia
- Ireland
- Norway
- Netherlands
- Finland
- Germany
- Austria
- New Zealand
- Iceland
- Belgium
- Estonia
- Japan
INSEAD is one of the leading graduate business schools, with campuses in Europe (Fontainebleau, France), Asia (Singapore), and the Middle East (Abu Dhabi).
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Cover photo by Siiri Lind.
Then why do so many people emigrate from Estonia? The local companies aren’t using their talents?
Just because the IT sector is doing well doesnt mean that all the others are aswell. People who emigrate are mostly people who are doing manual labour and going to nordic countries or young adventure seekers who are going to Australia.
not that many ppl emigrate. among the non-educated poorer class (and luckily thats not the majority) quite a few work in finland (contruction sites etc) but many of these ppl have families still in estonia as finland is so close. there are a few in the UK and Australia but these are mainly young travellers etc.
lol, are you joking? emigration is increasing every year. get your facts straight. i’m in IT, emigrated three years ago because eestima is a awful place to live
because it’s not quite true what they are saying about estonian startup/IT miracle 😀