1880 in BrazilW
1880 in Brazil

Events in the year 1880 in Brazil.

1881 in BrazilW
1881 in Brazil

Events in the year 1881 in Brazil.

1882 in BrazilW
1882 in Brazil

Events in the year 1882 in Brazil.

1883 in BrazilW
1883 in Brazil

Events in the year 1883 in Brazil.

1884 in BrazilW
1884 in Brazil

Events in the year 1884 in Brazil.

1885 in BrazilW
1885 in Brazil

Events in the year 1885 in Brazil.

1886 in BrazilW
1886 in Brazil

Events in the year 1886 in Brazil.

1887 in BrazilW
1887 in Brazil

Events in the year 1887 in Brazil.

1888 in BrazilW
1888 in Brazil

Events in the year 1888 in Brazil.

1889 in BrazilW
1889 in Brazil

Events in the year 1889 in Brazil.

EncilhamentoW
Encilhamento

The Encilhamento was an economic bubble that boomed in the late 1880s and early 1890s in Brazil, bursting during the first Brazilian military dictatorship (1889–1894) and leading to an institutional and a financial crisis. Two Finance Ministers, first the Viscount of Ouro Preto and then Rui Barbosa, adopted a policy of unrestricted credit for industrial investments, backed by an abundant issuance of money, in order to encourage Brazil's industrialization. This policy of economic incentives created unbridled speculation and increased inflation, and encouraged fraudulent initial public offerings (IPOs) and takeovers.