European immigration and asylum policies need to be reconsidered. Indeed, the current approach is based on a misdiagnosis: contrary to prevailing opinion, receiving third-country nationals is not only financially sustainable but also economically strategic. As a result, current measures have proven to be detrimental: the European Union EU and its Member States have both deprived themselves of a means of responsible development and lost their standing in the protection of rights. In other words, the mismanagement of a politically sensitive issue has unfortunately harmed the competiveness and credibility of the EU and its Member States