New President of Costa Rica comes from coffee wealth
Nobel peace prize winner Oscar Arias, who is awaiting official confirmation as president, faces a formidable challenge if he is to make good his pledge to turn Costa Rica into Latin America’s most developed nation. Arias earned the 1987 Nobel peace price for helping to end civil war in Central America in the 1980s.
Born into coffee wealth, Arias and his brother increased their family’s wealth and power through investment in sugar plantations, alcohol production and real estate.
