The Global Talent Competitiveness Index has showed that Bangladesh remains among the bottom 10 countries in terms of talent attraction. If it is a fair statement, the finding indicates our grim future. It also proves our collective failure in talent hunting which is coupled with subsequent surge of brain drain. In such situation, the substandard calibers get opportunity of having jobs in important institutions using their political affiliation. Side by side, a bad culture of nepotism and corruption develops in the institutions instead of merit as the eligibility. To come out of the upset, a total reformation must be done in recruitment practice and merit should be entertained to vie in the world of the knowledge economy.
According to the report, the country ranked 118th out of 125 countries in the 2019 index. Last year, the country held the 114th position among 119 nations. Switzerland continues to rank top in the index followed by Singapore and the US as in the previous year. Yemen is in the bottom of the index at 125th, just below Congo and Burundi. Bangladesh is positioned just after Ethiopia, and one notch above Nepal. Yet, the country ranked below several low-income countries. When it comes to doing business, Bangladesh is the worst performer among the South Asian countries. Bhutan is the best place for business affairs in South Asia.
Bangladesh’s poor ranking in the GTCI has showed the weaknesses in the policies. Because of this, we find it hard to retain our own high-skilled and highly educated Bangladeshis, unlike China, South Korea and India, or to attract back citizens who have acquired high-tech human capital in advanced economies. Bangladesh has a lot to do to attract, grow and retain talents. Unequivocally, the country’s biggest challenge lies in improving its ability by using properly its talented generation.
According to the report, the country ranked 118th out of 125 countries in the 2019 index. Last year, the country held the 114th position among 119 nations. Switzerland continues to rank top in the index followed by Singapore and the US as in the previous year. Yemen is in the bottom of the index at 125th, just below Congo and Burundi. Bangladesh is positioned just after Ethiopia, and one notch above Nepal. Yet, the country ranked below several low-income countries. When it comes to doing business, Bangladesh is the worst performer among the South Asian countries. Bhutan is the best place for business affairs in South Asia.
Bangladesh’s poor ranking in the GTCI has showed the weaknesses in the policies. Because of this, we find it hard to retain our own high-skilled and highly educated Bangladeshis, unlike China, South Korea and India, or to attract back citizens who have acquired high-tech human capital in advanced economies. Bangladesh has a lot to do to attract, grow and retain talents. Unequivocally, the country’s biggest challenge lies in improving its ability by using properly its talented generation.
