Abstract

The ultimate goal of the present work lay in creating a vector methodology for
measuring QoL. Application of an integrated approach to the results of the classification
analysis and SWOT analysis enabled elaborating a vector methodology of a recommendatory
type aimed at improving QoL measurement approaches. It was established that this
methodology should include four major updates taking into account the challenges of
tomorrow. The study results may be of interest to public authorities responsible for taking
measures directed at raising the country’s international ranking as well as be used for
reducing contradictions on the part of QoL measuring procedures.

JEL Classification: I14; O15; Q56.