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The report analyzes Investment Dispute Prevention and Management Agencies (DPMAs), which are government bodies designed to prevent or manage investor-state disputes. It critiques the assumptions of international institutions—such as the World Bank and UNCTAD—that promote DPMAs, arguing that these bodies often overlook the tension between public interests and investor rights. The authors propose a four-part typology (Aftercare, Treaty Compliance, Litigation Management, and Administrative Review) and provide case studies from seven countries, including South Korea, Brazil, and Peru, to illustrate how these agencies function in practice.