"Globalization and Institutions in Economic Development," by Joseph Kogan (Ph.D., Business Economics, 2002) has won the 2002 Gunnar Hedlund Award as the best doctoral dissertation in the field of international business. The award is presented by the Institute of International Business at the Stockholm School of Economics and the European International Business Academy. Noting its "creativity and originality," the award jury noted that "this fine thesis has the true potential of impacting the field." "Through a creative use of data," they wrote, "the author shows that country borders still play a fundamental role in the world economy, and that real convergence is yet to come."

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