Dysfunctional states like Afghanistan need business people who are deeply rooted in their country and invest in it. They can add stability. But all development programs of the United States and the European countries unfortunately exclude the private sector, which could make investments based on profitability.

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.

The idea of a permanent U.S. military presence in Afghanistan, as opposed to an economic presence, is going to create a new wave of hostility toward the United States.

The fact that there are no longer large units of Al Qaeda running around means you don't need B-52s. You need intelligence and special forces. And, most importantly, you need to resurrect Afghanistan from what is literally the graveyard of countries and transform it into a normal country, which the Afghans want.

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.

You have a lot of suspicion from the neighbors of Afghanistan about U.S. intentions. Iran is already, to some extent, trying to undermine the U.S. in Afghanistan. Russia is now becoming increasingly nervous about a more permanent U.S. presence in Central Asia. And China is not keen that the U.S. should be so close to its borders over a long period of time. Certainly, if the U.S. is going to be there for a long time, it's going to exacerbate regional tensions.

The problem right now, which I've been pointing out very bluntly to American officials in Washington, is that the U.S. has no economic presence in Afghanistan. The Afghans can't point and say, "Oh, the Americans built that road. They built that telecommunications facility. They built that electricity powerhouse," because nothing has been built so far.