INTEGRATION PHENOMENON – ECONOMIC TRANSFORMATION
          FOR THE MEMBER STATES’ ECONOMIES

                            Ionela Gavrilă – Paven, Lecturer PhD
                         “1 Decembrie 1918” University of Alba Iulia
                                  ionelapaven@yahoo.com

                                  Coriolan Simedru, PhD Dan
                                Institute of Prefect, Alba County


ABSTRACT: Basis of the economical integration were set through the Treaty from Rome,
closed in 1957. The realization of the economical and monetary union asked by the
economical integration, are the most important success of the European project. For the
realization of the economical integration were necessary an entire series of political economy
measures, of the transformations of the economical, socials and institutional structures which
exist at the moment.
The economies generated by the production on large series: is the result of a bigger
efficiency, based on an optimal dimension of the enterprise, which permits medium costs
smaller and, through this, the possibility of increasing the competition on the international
market. The scale economies are possible in some economical branches only when the
production is realized in units with large dimensions and of large series, sustained, in the
sane time, by a great technological advantage. On the other hand, only the biggest
enterprises, which generate the scale economies, could be marked out on the national and
international markets.
One of the anti-arguments, which can be said, is the fact that by the scale economies obtained
in the integration areas benefits, at least in the initial phases, the large transnational
enterprises. For the European Union, these enterprises are north-Americans or Japanese,
which take advantage of the large dimensions of the integrated market. To eliminate this
inconveniences it must exists a monetary union, with the same juridical cadre and a united
values market, with a total mobility of the funds. The funds will be directed towards those
financial centers in which the settlements are favorable to the investors, the costs of the risks
management are reduced at minimum, the costs with assuring and reassuring polices are, as
well, very reduced for the investors, so they can enjoy the financial comfort and prosperity.

Keywords: European Union, globalization, integration phenomenon, economic transformations

JEL Codes: O52, O41, P40