Calvo and Murillo consider the non-policy benefits that voters consider when deciding their vote. The authors' theory shows how these non-policy resources also shape parties' ideological positions and which type of electoral offers they target to poorer or richer voters.
The book explores how electoral competition and partisan governance effectively navigate the tensions between voters' interests and the financial constraints posed by limited capital. It delves into the dynamics of political strategy and the importance of balancing diverse stakeholder demands in the context of economic challenges. Through this examination, it highlights the mechanisms that allow for responsive governance amidst fiscal limitations.
Exploring the dynamics of labor unions during the economic crises of the 1990s, this book delves into the reasons behind their resistance and eventual submission. It examines the challenges unions faced, including economic pressures and political shifts, while highlighting key events and decisions that shaped their strategies. Through detailed analysis, the author sheds light on the complexities of union responses to adversity, offering insights into the broader implications for labor rights and economic policy during a turbulent decade.