In 1987, Costa Rican President Oscar Arias Sánchez won the Nobel Peace Prize for his continuing efforts to bring peace to Central America. He devoted the monetary award accompanying the Nobel Prize to the creation of the Arias Foundation for Peace and Human Progress, established to continue promoting the welfare of the neediest sectors of society, and his efforts toward peace, development and democracy. Dr. Arias received a masters degree in both Economics and Political Science from the London School of Economics, and his Ph.D. in Political Science from the University of Essex. His political career began in 1977 with the National Liberation Party, and in nine years he was elected President of Costa Rica. As president he was renowned for his determination to maintain Costa Rica's traditions of neutrality, peace, and stability.
Last Updated: 9/3/09