International Remittance Payments are described mainly as money sent by immigrants to their families and friends in their home countries. These payments provide an important source of income that is mostly used to provide for a variety of basic needs of the non-migrating members of immigrant families and thus remittance payments can be considered as a tool to reduce the poverty level of the labor sending countries. However, remittances are also used for asset accumulation by some families and for some countries they constitute a good part of foreign funds coming into the country. In-spite of...

This book develops a machine-learning framework for predicting economic growth. While machine learning itself is not a new idea, advances in computing technology combined with a dawning realization of its applicability to economic questions makes it a new tool for economists.

In spite of intense but traditional academic effort, a unique formal framework to study civil conflict has been elusive. This book uses predictive machine learning to highlight a framework to identify potential causes of civil conflict. Machine learning also improves the human ability to predict and therefore prevent conflict.