Global mobility of talent critical to economic growth: Report

Most economies need to import highly skilled professionals, technicians and managers
|hrreporter.com|Last Updated: 02/01/2011

Global mobility of talent is as critical to economic growth as global mobility of goods and financial capital, according to a report by the World Economic Forum in collaboration and the Boson Consulting Group (BCG).

To retain their growth momentum, most economies will need to import highly skilled professionals, technicians and managers, and act fast to develop and diversify their domestic talent bases.

"The global problem is no longer a mere talent mismatch. The scale of the predicted talent gap requires concerted action, starting with and going well beyond — removing barriers to the mobility of talent," said Piers Cumberlege, senior director and head of partnership at the World Economic Forum.