Bangladesh slipped by six positions in a year in the Global Talent Competitiveness Index 2020 and ranked 124 out of 132 countries.
In the region of Central and Southern Asia, Bangladesh’s score was the lowest while Kazakhstan (54), India (72) and Sri Lanka (83) took the first, second and third position respectively in the region.
Even, Bhutan (92), Pakistan (106) and Nepal (121) are ahead of Bangladesh in the index.
Bangladesh had ranked 118 in 2019.
M Kaykobad, professor of computer science and engineering at Bangladesh University of Engineering and Technology, said that Bangladesh lost its position in the GTCI due to lack of proper system of education.
‘The quality of education has been deteriorating gradually and no government is careful about this rather they are bringing changes frequently to curriculum and exam system,’ he said.
‘The frequent changes in curriculum destabilised generation and we are lagging behind in the globe,’ Kaykobad said.
The seventh edition of the GTCI report was prepared based on a research done by INSEAD in partnership with The Adecco Group and Google.
The latest GTCI report focused on global talent in the age of artificial intelligence, considering the incredible potential of AI in the workplace of the future.
Switzerland, the USA and Singapore took the top-three positions in GTCI 2020 that looked at the ability to attract, grow and retain talent by a country.
According to the report, the six metrics including enable, attract, grow, retain, vocational skills and global knowledge skills were used to decide a country’s rank.
The study said the GTCI was an input-output model in the sense that it combined an assessment of what countries did to produce and acquire talents (input) and the kind of skills that were available to them as a result (output).
It showed that Bangladesh’s rank dropped to 126 in producing and acquiring talents this year from 118 in the index of last year.
The rank in kind of skills also slipped to 115 this year from 113 in last year, the report showed.
Attracting talent, in the context of national competitiveness, should be viewed in terms of luring foreign valuable resources, both productive businesses (through foreign direct investment and the like) and creative people (through high-skilled migration), while internal attraction is focused on removing barriers to entering the talent pool for groups such as those from underprivileged backgrounds, women, and non-native people, the study said.
The GTCI showed that in attracting talent Bangladesh ranked 118 in external openness, 100 in FDI and technology transfer and 109 in prevalence of foreign ownership.
Sustainability and quality life are the key components for retaining talent and Bangladesh ranked in the two areas 124 and 116 respectively.
Kaykobad said more could be done to improve the country’s educational system as Bangladesh ranked 108 in formal education, and 93 in vocational enrolment which were important for growing talent in the GTCI.
According to the GTCI 2020, the country achieved poor rank in mid-level skills (109th), which result in an unfamiliar score in vocational and technical skills (118th).
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