The exact Seiberg-Witten (SW) description of the light sector in the N
= 2 SUSY 4d Yang-Mills theory [N. Seiberg and E. Witten, Nucl. Phys.
B 430 (1994) 485 (E); B 446 (1994) 19] is reformulated in terms of int
egrable systems and appears to be a Gurevich-Pitaevsky (GP) [A. Gurevi
ch and L. Pitaevsky, JETP 65 (1973) 65; see also, S. Novikov, S. Manak
ov, L. Pitaevsky and V. Zakharov, Theory of solitons] solution to the
elliptic Whitham equations, We consider this as an implication that th
e dynamical mechanism behind the SW solution is related to integrable
systems on the moduli space of instantons. We emphasize the role of th
e Whitham theory as a possible substitute of the renormalization-group
approach to the construction of low-energy effective actions.