Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · How to Avoid Depression
Bali Hotels, Bali Villas and Bali News from
Bali Hotels
Bali Villas
Special Deals!
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Bali Update
Subscribe to our free weekly newsletter!
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

++62 361 286 283

++62 361 286 284

U.S.A. Fax:(toll free)

U.K. Fax:

Australian Fax:

++62 812 3819724

Bali Discovery

Bali News

How to Avoid Depression

Leading Bali Economist Suggests How Bali Can Avoid Fallout from World Economic Downturn

Bali News: Bali, Indonesia, Global financial crisis, Universitas Warmadewa, Prof. Dr. I Made Sukarsa, Baliís economy, U.S.A., Europe, diversifying markets, domestic market
Click Image to Enlarge


As reported by Bisnis Bali, the global economic crisis currently underway in Europe and the U.S.A. are predicted to also have a negative impact on Bali’s economy. A senior educator and eoconomist warns that the tourism sector in Bali is predicted to experience a depression in 2012 as world buying power declines.

The Rector of Universitas Warmadewa, Prof. Dr. I Made Sukarsa, made these dire predictions recently, saying, “international tourist visits from the U.S.A. and European nation will drop next year.”

Sukarsa see the global economic crisis has the potential of almost bankrupting some European nations and, as a result, the crisis is certain to be felt in Bali. He portends that the problems in the European nations will cripple other portions of the world. He also points out that a number of nations are predicting lower growth rates in 2012. “This is a signal that the world economy will slow down next year,” he explained.

Because of this, Sukarsa predicts the economy of Bali will grow slower in 2012 and exports from the island will also slow. Adding, “my prediction is that the economy will grow around 6% next year.”

When asked about the solution for overcoming these dismal predictions, Sukarsa said Bali must diversify it markets. Next year, Bali needs to develop markets outside of Europe and the U.S.A., insisting that Asia countries must become the new focus for developing markets for Bali.

He also suggested that the domestic market must be optimized. If this succeeds, he offers, the economy of Bali will continue to experience significant growth in 2012.

© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to


Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!

Our [Privacy Statement] explains how we handle the data you are providing.

Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!

or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Infrastructure First: Seaports and Airport
Transportation Minister Says Baliís Airports, Seaports, and Passenger Terminals Must be Enhanced to Support Growing Passenger Numbers
Another Renovation for Baliís Airport?
Minister of Transportation Wants Carrying Capacity of Baliís Airport Increased to 35 Million Passengers per Year
Move Underway to Trump Chinese Tourists?
DPR-RI Vice Chairman Seeks Repeal of Wide-Ranging Visa Free Status for Indonesian Visitors
Departure, No Return
Garuda Accused of Incorrect Procedures in Death of Passenger Flying from Jakarta to Melbourne
Infrastructure First!
New Hotel Projects Set for Nusa Penida in Dire Need of Water and Electricity Support
Bali Welcomes 3 Millionth Visitor
Bali by the Numbers: BPS Says 43.3% More Foreign Visitors to Bali in August 2016, Passing the Year-to-Date Mark of 3 Million
In Need of a Designated Driver
European Couple Die in Motorcycle Mishap After a Night of Partying on Pererenan Beach in Bali
Bad Smells from the Kitchens?
Drainage Ditch at Bali Airport Filled with Foul-Smelling Pollutants Suspected to Come for Airline Catering Building
Cherishing the Children
St. Regis Resort Bali and Laguna Resort & Spa Raises More than $20,000 for UNICEF at Lavish Beachside Moonlight Dinner
Itís a Bali Holiday
Official National Holidays and Shared Holidays in Indonesia for 2017
Me and My Guitar
West Bali Police Send Home 18 Punkers on a Personal Sojourn in Bali
Passport to a Clean Bureaucracy
Indonesian Immigration Service Joins the Anti-Corruption Campaign
All [News]!