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The Daily Insight

What did Oscar Arias Sanchez do with the Nobel Peace Prize money?

Author

Sarah Oconnor

Updated on March 02, 2026

What did Óscar Arias Sánchez do with the Nobel Peace Prize money?

In 1988 Arias used his Nobel Prize money to establish the Arias Foundation for Peace and Human Progress, which promoted peace and equality throughout the world. Arias also was active in various global nongovernmental organizations that focused their efforts on promoting peace and rooting out corruption.

When was Óscar Arias Sánchez President of Costa Rica?

May 8, 1986 – May 8, 1990
May 8, 2006 – May 8, 2010
Óscar Arias/Presidential terms

For Which prize did former President Arias Sánchez write his speech?

the Peace Prize
Costa Rica\’s President Oscar Arias Sánchez was awarded the Peace Prize in 1987 for a plan designed to put an end to the cruel civil wars that were devastating Central America. In August 1987, the peace plan was approved by Costa Rica, Guatemala, El Salvador, Honduras and Nicaragua.

What year did Oscar Arias win the Nobel Prize?

1987
Peace-Broker in Central America Costa Rica\’s President Oscar Arias Sánchez was awarded the Peace Prize in 1987 for a plan designed to put an end to the cruel civil wars that were devastating Central America. In August 1987, the peace plan was approved by Costa Rica, Guatemala, El Salvador, Honduras and Nicaragua.

Who is Óscar Arias Sánchez and why is he so well known in Costa Rica and around the world?

Óscar Arias Sánchez (Spanish pronunciation: [ˈoskaɾ ˈaɾjas]; born 13 September 1940 in Heredia, Costa Rica) is a Costa Rican activist and Nobel Peace Prize laureate. He was President of Costa Rica from 1986 to 1990 and from 2006 to 2010.

How do you say to people who are born in Costa Rica?

3. Native Costa Ricans call themselves ticos and ticas. This affectionate nickname for all Costa Rican people and things was born from a nationwide mannerism of ending diminutives with “tico”, as in “chiquitico”, rather than “chiquitito” as they do in other Spanish speaking countries.

Does Costa Rica have an army?

5. Costa Rica. There have been no armed forces in Costa Rica since 1949, but police forces are usually used for defense purposes. The country, which is often referred to as “Switzerland of Central America”, proclaimed its permanent and unarmed neutrality in 1983.

How do you say hello in Costa Rica?

Saying Hello

  1. Hola = Hello. This is the basic way to say hello.
  2. Buenos días = Good morning.
  3. Buenas tardes = Good afternoon.
  4. Buenas noches = Good evening.
  5. Buenas = Shorthand way of saying hello, any time of day. It is more casual and works in the morning, afternoon, or evening. You’ll hear the locals use this all the time.

How do you say thank you in Costa Rica?

Pura vida is the most famous Costa Rican phrase. You can use pura vida for a greeting, thank somebody or with anything related to good.