The West would be well advised to change its approach towards failing states. At present, no major power can find the correct ways and means - and the numbers of failing states are increasing. This year we watched the collapse of Mali, a consequence of the Libyan civil war. The south of Libya and Mali, and Niger too, are well on the way to becoming a no-man's land. After 9/11, George W. Bush and Tony Blair made the promise that they would not tolerate failed states because they could become a haven for terrorists. And today? The number increases.

In my view, the Western model of influencing the development of third world countries is doomed to failure. The West does not understand how to deal with states that no longer have any authority and are threatened by dissolution. Their efforts failed in Iraq as well as Afghanistan. They are simply not capable of promoting the indigenous economy. Many billions of dollars flooded into Afghanistan, but without any significant effect.

It would have been better if the United Nations had sent a team to Mali right away to mediate between the government and the rebels. But where is the political initiative? The Americans make their usual recommendations. They want to train the army for the fight with the rebels. US special forces are already in Mali.

America does not hold to the colonial tradition. America came, liberated Afghanistan from the Taliban and al-Qaida, came to an arrangement with Hamid Karzai, wanted to organize elections as soon as possible and then withdraw. The Bush administration thought that once there is a democracy, everything else will fall into place. If today you speak to the architects of the 2001 Afghanistan Conference in Bonn, they will tell you that instead of being fixated on elections, we should have built a State in Afghanistan with an army and a police force first.

I am confident that there are hedge funds, banks or investment companies that could allocate five percent of their portfolios for risky investments. In any event, for countries like Afghanistan the formation of an entrepreneurial class is of vital importance.

The strategy for peace-building in Afghanistan is economic aid, reconstruction, international security forces. On those lines, the U.S. has been extremely slow. And it has even blocked expanding security forces from Kabul to other cities.

I met a lot of the senior Taliban, and I asked them precisely [about Mullah Omar]. The most common answer was he is humble. And that was very true. We never had reports of Mullah Omar living luxuriously or making money in large quantities or anything like that.