Victor Bulmer-Thomas


Victor Bulmer-Thomas CMG OBE is a British academic who has specialised in Latin America and the Caribbean. Born in London, his first experience of the Americas was as a V.S.O. in Belize, where he taught several of the current leaders of the country.
He studied at New College, Oxford University for his undergraduate degree, where he obtained a first. In 1975 he graduated with a PhD from St Antony's College, Oxford, with an original dissertation on Costa Rica where he pioneered the concept of constructing databases from primary sources and applying them to Latin American economic history. While at university, he became involved in left-wing student politics.

Academic career

Early years in Scotland

His first academic post was at the Fraser of Allander Institute for Research on the Scottish Economy at the University of Strathclyde in Glasgow. He was one of the first to be appointed to this new Institute, where he worked with a team of economists building a model of the Scottish economy that required the construction of an input-output model. While at the Institute, he also worked as a consultant to the Moroccan government. where he applied his knowledge and use of input-output tables.
His first published works were on the Scottish economy, including a study of the household savings rate and the Scottish balance of payments on the eve of oil production. However, his experience in the field of input-output analysis led to the publication of his first book with a foreword by the Nobel laureate Wassily Leontief.

London

He moved from Scotland in 1978 to take up a post as lecturer in Development Economics at Queen Mary College at London University. Here he undertook research on Latin America and was invited to take part in a study group on Latin America in the 1930s. Working on Central America, he found it necessary to construct the national accounts for the five countries of the region from 1920 onwards. This led to the publication in 1987 of The Political Economy of Central America since 1920.
He was the guest editor of a special issue of the Journal of Latin American Studies on Central America published in 1983, and he joined the editorial board in 1984 – a post he held without interruption for 25 years. From 1986–97 he was also editor of the Journal of Latin American Studies. In 1988 he launched a Masters in Economics with special reference to Latin America at Queen Mary, which attracted many students from the region.
In 1988 he became Reader in Economics of Latin America, the first person to hold that title in the United Kingdom, and in 1990 he was promoted to Professor of Economics. Two years later, he became the Director of London University's Institute of Latin American Studies, although he remained attached to Queen Mary. During his six years as Director, the Institute flourished and received a 5* in the Research Assessment Exercise. It was during this time as Director that he published his best known book The Economic History of Latin America since Independence. This has now been translated into Spanish, Japanese and Chinese and went into a third edition in 2014. While Director, he received honours from the governments of Brazil and Colombia as well as an OBE from the British government in recognition of his role in building up the reputation of the Institute.
He retired as Director in 1998, but remained on the staff of the Institute of Latin American Studies as Senior Research Fellow. It was during this time that he began to take an interest in the economic history of the Caribbean. However, this research was interrupted when he became the Director of Chatham House, the London home of the Royal Institute of International Affairs in 2001. Whilst at Chatham House, he introduced the Chatham House Prize, an annual award presented to a leading international statesperson. He supervised the first award in 2005 and, importantly, set the template that has ensured its ongoing success. Having by then published 20 books as sole author or editor, including the two volume Cambridge Economic History of Latin America, he was content to let research take a back seat while he concentrated on reviving the fortunes of Chatham House. He stepped down as Director of Chatham House in 2006, receiving a CMG from the British government in recognition of his achievements.
After leaving Chatham House at the end of 2006, he became a Visiting Professor at Florida International University where he worked on an economic history of the Caribbean since the Napoleonic Wars. On returning to the UK, he worked on the theme of the United States as an empire. His book, Empire in Retreat: the Past, Present and Future of the United States, was published in 2018.
He is currently Professor Emeritus of London University, Senior Distinguished Fellow of the School of Advanced Studies at London University, Honorary Professor of the Institute of the Americas at University College London, Associate Fellow in the United States and Americas Programme at Chatham House and a Director of the J.P. Morgan Brazil Investment Trust. He is married to Barbara Swasey from Belize and they have three children. His hobbies include playing quartets, underwater photography, kayaking, walking and tennis.

Publications

Books and monographs