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.
1-Mujib Ur Rahman Demonstrator, Department of Economics, Abdul Wali khan University Mardan, Mardan, KP, Pakistan.2-Muhammad Asad Lecturer, Department of Management Sciences and Commerce, Bacha Khan University Charsadda, KP, Pakistan.3-Wisal Ahmad Assistant Professor, Institute of Business Studies and Leadership, Abdul Wali Khan University Mardan, KP, Pakistan.
Quality of Life, HDI, GDP, Gross Capital Formations, World Bank