What everyone underestimated was the acute unpopularity of the Taliban, even in the Pashtun areas. People like myself were saying the Taliban would be driven out very swiftly from the north of Afghanistan, but given that their main support base was in the Pashtun belt, there would be greater resistance there. That didn't happen. The Taliban had become deeply unpopular and were actually discarded by the Pashtun population almost as quickly as they were in the north. I don't see the Taliban coming back in any way.

There's a sense of desperation in Afghanistan because of the lack of funding and the fact that the U.S. only has a one-track military strategy. It doesn't have an economic and political game plan.

Our Pakistan elites are spoiled by permanent foreign aid and therefore find it difficult to change course. Pakistan needs someone who stands up and says: Fundamentalism is bad, capitalism is good. This region harbors enormous potential. Pakistan could become the hub for the energy that is transported from Central Asia to South Asia. That could change the whole region.

Some Pakistanis fought for the Taliban. Pakistani extremist groups provided infrastructural support to Al Qaeda. There was a coming and going of Al Qaeda militants and leaders between Afghanistan and Pakistan for several years. All that has really happened is that Al Qaeda has escaped from Afghanistan come into Pakistan, got in touch with their contacts and friends in these extremist groups, which then provided them with safe houses, cars, and not just in the border areas but also in the cities. Rooting out Al Qaeda in Pakistan now is where the main battle is being fought.

I think within a year or so, perhaps, if 9/11 had not happened, in Afghanistan would have been a very broad-based general uprising against the Taliban.

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.

We should remember that the Pashtuns are the largest ethnic group in Afghanistan. Of course, many of them did support the Taliban. But you cannot equate all Pashtuns with the Taliban.