A Woman President- Today marks a historical moment. Laura Chinchilla was elected president last night by carrying nearly 50% of the vote. Costa Rica has the highest concentration of women in office on the planet, currently at about 40%. The government is suggesting that the number should be 50/50 and are working to do so. Costa Rica also has term limits of 4 years for a President. They can run again but must sit out at least a four year term before being eligible to run again. This was Oscar Arias's second term in office.