Professionals are a growing group in China and increasingly make their presence felt in governance and civil society. At the same time, however, professionals in the West are under increasing pressure from commercialism or scepticism about their ability to rise above self-interest. This book focuses on professionals in China and asks whether developing countries have a fateful choice: to embrace Western models of professional organization as they now exist, or to set off on an independent path, adapting elements of Western practices to their own historical and cultural situation. In doing so, the authors in this volume discuss a wealth of issues, including: the historic antecedents of modern Chinese professionalism; the implications of professionalism as an import in China; the impact of socialism, the developmental state and rampant commercialism on the professions in China; and the feasibility of liberal professions in an illiberal state. To conclude, the book considers whether there might be an emerging professionalism with Chinese characteristics, and how this might have an impact on the professions elsewhere. Prospects for the Professions in China will be of interest to students and scholars of Chinese Studies, law, sociology, medical studies and cultural studies.

Professionals are a growing group in China and increasingly make their presence felt in governance and civil society. At the same time, however, professionals in the West are under increasing pressure from commercialism or scepticism about their ability to rise above self-interest. This book focuses on professionals in China and asks whether developing countries have a fateful choice: to embrace Western models of professional organization as they now exist, or to set off on an independent path, adapting elements of Western practices to their own historical and cultural situation. In doing so, the authors in this volume discuss a wealth of issues, including: the historic antecedents of modern Chinese professionalism; the implications of professionalism as an import in China; the impact of socialism, the developmental state and rampant commercialism on the professions in China; and the feasibility of liberal professions in an illiberal state. To conclude, the book considers whether there might be an emerging professionalism with Chinese characteristics, and how this might have an impact on the professions elsewhere. Prospects for the Professions in China will be of interest to students and scholars of Chinese Studies, law, sociology, medical studies and cultural studies.

Quantitative portfolio management has become a highly specialized discipline. Computing power and software improvements have advanced the field to a level that would not have been thinkable when Harry Markowitz began the modern era of quantitative portfolio management in 1952. In addition to raw computing power, major advances in financial economics and econometrics have shaped academia and the financial industry over the last 60 years. While the idea of a general theory of finance is still only a distant hope, asset managers now have tools in the financial engineering kit that address specific problems in their industry. The Oxford Handbook of Quantitative Asset Management consists of seven sections that explore major themes in current theoretical and practical use. These themes span all aspects of a modern quantitative investment organization. Contributions from academics and practitioners working in leading investment management organizations bring together the key theoretical and practical aspects of the field to provide a comprehensive overview of the major developments in the area.

Lon Fuller coined the term "eunomics" for "the study of good order and workable social arrangements." The essays in this volume--representing most of the work of his mature years--are his "exercises in eunomics." They are studies of the principal forms of legal order, including contract, adjudication, mediation, legislation, and administration. In addition, the volume includes several essays on legal education and the ethics of lawyering. Fuller thought of lawyers as "architects of social structure," that is, creators and managers of the various forms of legal order. These responsibilities require close attention to problems of institutional design, in which the concern is with ends as well as means. Accordingly, Fuller believed that legal education should shift from the analysis of appellate court cases to a problem-solving orientation, attending to the conditions for "orderly, fair, and decent" governance. In a lecture on freedom published for the first time in this edition, Fuller develops the idea that the forms of legal order are the diverse vehicles by which freedom is effectively exercised in society. Lon Fuller taught contracts and jurisprudence at the Harvard Law School from 1939 to 1972, where he was Carter Professor of General Jurisprudence. His writings, such as "The Case of the Speluncean Explorers," are classics of the legal literature.