The Best Place for Retailers? Chile. Uruguay Is Pretty Good, too
This article is for subscribers only.
Quick: Which are the best places in the developing world to set up shop? Did you guess Chile? Uruguay? Kazakhstan? All three figure among the top 10 locations for retailers, according to the 2014 Global Retail Development Index put out by A.T. Kearney today.
The ranking takes into account a country’s wealth, logistical and regulatory environment, and overall riskiness to “persons, property and principles.” The idea is to select those countries that have just enough of all of the above. Too little and it’s tough to do business. Too much and it’s tough to stand out. Basically, A.T. Kearney recommends that companies consider those places that are just stable enough.