The phrase 'basis for growth' is correct and can be used in written English.
It is typically used to refer to the foundation or starting point for growth or development. For example, "A strong education is the basis for growth and success".
Ms. Lagarde's reversal is a "welcome change in thinking, emphasizing that we should be establishing a basis for growth".
"The key issue for Argentina is growth, but the basis for growth is there," said Jorge Mariscal, chief investment strategist for Latin America at Goldman , Sachs
Tony Shiret, an analyst at Haitong Bank, said: "Next has been pushing the directory very hard over the past couple of years to compensate for the weakening of the credit business that has formed the basis for growth post 2010.
Gina Kim Shoreview, Minn., Aug. 12, 2008 To the Editor: Citing China's rise, David Brooks suggests that "collective" values, such as "harmony" and "duty," may offer a cultural basis for growth distinct from the West's focus on the individual.
Meet winner No 8: Jayne Hulbert and Jayne Creswell are the co-founders, and have set the vision for the organisation, embedded their values and built a solid basis for growth.
More optimistic economists acknowledged that while the gains in confidence and spending might not be as strong as they appeared, they still provided a basis for growth later on.
Binti explains that women bring their children to the health post on a monthly basis for growth-monitoring sessions and nutrition counselling.
In accordance with Buss and Plomin's assumptions, so defined, temperament is a basis for personality growth and development (Buss and Plomin 1984).
Therefore, understanding the molecular basis for conifer growth and development, particularly wood formation, is critical for improvement of commercial forest productivity, necessary to meet increasing global demands for wood and wood products without increasing the rate of global deforestation [ 24].
One of our interviewees formulated it as follows: "Finding the right people is the basis for any growth strategy and thus determines our growth targets before we decide about market penetration, market expansion, or diversification strategies, I have to evaluate how to provide the required employees".
