"Franz Vranitzky, the banker turned politician, was chancellor during the ten years (1986-96) when the world dramatically changed in the aftermath of the cold war. Among postwar chancellors, only Bruno Kreisky held office longer. The Austrian Social Democratic Party has been in power since 1970. Such longevity is unique in postwar European politics. The dominance of Social Democracy in particular is noteworthy when compared to the general decline of traditional leftist politics in Europe. The chapters in this volume try to assess Vranitzky's central role in recent Austrian and European history."--BOOK JACKET.