The phrase "advanced debt" is correct and usable in written English.
It can be used in financial contexts to refer to debt that is more complex or has higher levels of risk associated with it.
Example: "The company is struggling to manage its advanced debt, which has accumulated due to high-interest rates and poor investment decisions."
Alternatives: "complex debt" or "sophisticated debt".
As I've written before, I rethought my views about liquidity traps and currency crises after the Asian crisis of the late 1990s; I rethought my views about advanced country debt and deficits after making a wrong prediction in 2003 (although in that case my mistake was in not taking my own model seriously enough).
In advanced economies, debt levels are stabilizing but remain elevated.
But "downside risks remain and have probably increased", she said, including legacies of the financial crisis in advanced economies: high debt, low inflation, low investment, low productivity, and for some, high unemployment.
By comparison, advanced rich countries' debt to GDP ratios is: Japan 226%, Italy 118%, and France 84%.
Tracking who owns what, when and for how long can shed some light on potential risks in advanced economies' government debt markets.
On the positive side, deficit-cutting efforts and the first signs of recovery reduced the fiscal stress felt in many advanced economies; but debt ratios often remain at historical peaks.
Debt in advanced economies has reached levels exceeded only during the second world war, and the evidence is that high debt can stifle long-term growth.
In it, the IMF looks at the experience of advanced economies in which debt has risen to 100% of GDP.
The global financial crisis took the public debt of advanced economies to 75 percent of gross domestic product in 2009 from 60 percent in late 2007.
Unlike Ireland, Britain had no particular need to adopt austerity: like every other advanced country that issues debt in its own currency, it was and still is able to borrow at historically low interest rates.
