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Factor Enhancing Quality of Life

An attempt is made in this study to analyze the factors affecting the Quality of Life (QoL). It is difficult to measure the Quality of Life (QoL); hence Human Development Index (HDI) was used as the measure for QoL. Different factors such as standard of living, education, GDP, Gross Capital formations, Urbanizations and Physicians were examined that how these programs, in turn, influenced QoL. Data was collected from World Bank (2019) and UNDP (2019) and examined for 71 United Nations member countries over the period 1990-2019. The results obtained from cross-sectional and panel data approaches suggest that the indicators used in the study significantly enhance the quality of life. The study offers important policy implications.