ABSTRACT
Adam Hanieh's seminal work, "Money, Markets, and Monarchies: The Gulf Cooperation Council and the Political Economy of the Contemporary Middle East," offers an in-depth analysis of the political economy of the GCC countries. The book meticulously examines how financial surpluses from the region are channeled into both global and regional economies. Hanieh employs a substantial framework of the critical approach to elucidate how rulers and elites in the Gulf benefit from these financial flows through corporate structures. This critical perspective provides readers with a comprehensive understanding of the intricate dynamics between wealth, power, and governance in the contemporary Middle East.