Investments are a real partnership, with an expected return; donations are a gesture made as a result of ethical, religious, or political passions.

Based on the Gaza precedent, Israel should not simply be expected to withdraw from territory and let it devolve into a state of anarchy. The West Bank is simply too close to Israel's major population centers and infrastructure to allow it to become another launching pad for rockets.

Researchers consistently find that most older volunteers, when compared to older nonvolunteers, have fewer functional and physical impairments, overall better health, higher life satisfaction and less depression. In addition, they attend religious services more frequently and belong to more social organizations.

For decades, the plight of the Palestinian people has been exacerbated by internal corruption, a lack of effective investment, and the political cynicism of the Arab states, who often did not have the best interests of the Palestinians at heart.

During my many years in international business and public life, I have had the good fortune of sitting down for lunch with people with whom I completely disagreed, in practice and principle: Soviet communists, heads of state from various unsavory regimes, benighted religious figures, corrupt business leaders.

A peaceful resolution to the Israeli-Palestinian conflict will likely depend to a great extent on the economic development of a future Palestinian state. As I have argued before, private sector investment - especially in the West Bank - is going to prove crucial in creating the right political and social context for peace.