European Economic Integrations, Initiatives and Processes

Abstract

It can be said that the integration process included practically all the countries of the world. The rapid economic and technological development in itself, requires a growing economic area and growing market, which transcends national boundaries, and imposes various forms of connectivity and integration. In this paper we tried to explain, especially from a theoretical standpoint, what the European economic integrations are, the benefits of economic integrations and the formation of the most significant integration in the world, as well as the processes that accompany their creation. The European Union is the highest form of  an economic integration, and it was a kind of a role model for many of the economic integrations that were later created in other parts of the world.