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THE CHANGING ROLE OF IPAS IN INSTITUTIONAL FRAMEWORKS ■ IPAs are often created through special legislative acts and investment laws which specify exactly their institutional structures and functions vis-à-vis FDI promotion Typically, IPAs are executing agencies of their host country governments and are not normally involved in formulating FDI policies and development goals However, they are playing an increasingly important role in policy advocacy UNITED NATIONS * ESCAP Economic and Social Commission for Asia and the Pacific United Nations Economic and Social Commission for Asia and the Pacific

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