Perspectives on Federalism is a free on-line peer-reviewed journal, promoted by the Centre for Studies on Federalism.

1. “Top-down” vs. “Bottom-up”: A Dichotomy of Paradigms for the Legitimation of Public Power in the EU
(Sergio Dellavalle/Essay)

Public power has been justified by resorting to two different kinds of legitimation: one coming from above, the other emerging from the governed. While legitimation “from above” implies that those who ...

2. A World Currency for a World New Deal
(Antonio Mosconi/Essay)

... cannot be the world currency anymore. The positive spontaneous transition of the monetary system from the dollar standard towards a multicurrency/multibasket regime can produce instability if not governed ...