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2 Business Environment

2.9 Quality of life

Why is it significant?
Quality of life can be an important determinant of economic performance as well as being a key goal of economic activity.� It can be an important influence on firms� location decisions and on a nation�s ability to attract and retain key knowledge workers.�

How does the UK perform?

The UK Department for Environment, Food and Rural Affairs� (DEFRA) Quality of Life Indicators show that progress has been made on a number of indicators, but that the UK �could do better�. This is reinforced by the results of a recent IMD survey of business perceptions of the quality of life which shows the UK lagging France, Germany, Canada and the US

Last updated on 12 March 2002