KUALA LUMPUR: Malaysia has been ranked 37th out of 103 countries on graduate business school INSEAD’s first edition of the Global Talent Competitiveness Index (GTCI). The index seeks to measure a nation’s competitiveness based on the quality of talent it can produce, attract and retain, INSEAD said in a press release yesterday. The GTCI model covered 103 countries which represented 86.3% of the world’s population and 96.7% of the world’s GDP. It was based on research carried out in partnership with the Human Capital Leadership Institute of Singapore and human resource solutions provider Adecco Group, based in Zurich, Switzerland. Switzerland emerged at the top of the index, followed by Singapore and Denmark in second and third places respectively. Malaysia is preceded by Spain and Italy and followed by Portugal and Lithuania. Singapore is the only Asian country that made it to the top 20 while other developed Asian countries such as Japan, South Korea and China were ranked 21st