Former RBI Governor Urjit Patel’s New Book ‘The Great Sanctions Hack’ Released
In December 2025, Former Reserve Bank of India(RBI) Governor Urjit Patel, who is currently serving India’s Executive Director (ED) at the International Monetary Fund (IMF), released its latest book titled ‘The Great Sanctions Hack’.
In December 2025, Former Reserve Bank of India(RBI) Governor Urjit Patel, who is currently serving India’s Executive Director (ED) at the International Monetary Fund (IMF), released its latest book titled ‘The Great Sanctions Hack’.
- The book was published by Rupa Publications India.
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- What? Release of book ‘The Great Sanctions Hack’
- Authored by: Former RBI Governor Urjit Patel
- Publisher: Rupa Publications India
- Central Theme of Book: To explore Reasons of Western Sanctions
About the Book:
Model: The book features ‘Heuristic Model’ which tries to explore the reasons for frequent use of sanctions despite their perceived lack of effectiveness.
Objectives: The book outlines key purposes of imposing sanctions, such as enforcing regime change, compelling policy shifts, or limiting the economic capabilities of rival nations.
Game-theoretic Framework: This framework helps to explore issues related to secondary sanctions, counter-measures by the target country, and a role for a third party saviour (a ‘white knight’) who helps in mitigating adverse impacts of sanctions.
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