What are the best places in the developing world to set up shop? The ranking takes into account a country's wealth, logistical and regulatory environment, and overall riskiness to "persons, property and principles." According to the 2014 Global Retail Development Index report, Chile's economy expanded 4.4% last year and is expected to grow about the same amount this year and next. Chileans already shop online: Seven out of 10 households using the Internet made at least two purchases last year. The average household spent $158 online. The report calls Uruguay "a solid retail oasis" amid struggling neighbors. Still, its population is under 4 million, so all the investor friendly policies in the world can generate only so much interest.