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Tax Incentives in National Investment Laws
The report finds that tax incentives are a primary feature of investment laws in EMDEs, often driven by investment promotion agencies (IPAs) with limited involvement from ministries of finance (MoFs). This institutional disconnect leads to fragmented governance, revenue losses, and increased exposure to investor-state dispute settlement (ISDS) claims. While some countries are moving toward centralizing incentives under unified legal frameworks, monitoring and evaluation mechanisms remain limited and disconnected from policy-making.
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Document type: Report
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