Variations of Wealth Ranking
Abstract
This concerns the problems of wealth ranking, a method used mainly to describe the relative wealth of people in one discrete area, comparing like with like, and its application to more than one community. A problem arises when there is a need to stratify a number of communities which may, as a whole, vary in terms of their wealth. Different types of community, in terms of wealth, may well fall within the boundary of a single project area, thus it is important to deal with such issues. Attached to the letter are three descriptions of adaptations made to the standard wealth ranking technique. Generally in all three cases, wealth ranking was based on predefined criteria, except in the third, where criteria were developed after the initial comparative ranking was undertaken.