Synopsis Editors summary. 1. Sources of growth in the Indian economy/Barry Bosworth, Susan M. Collins and Arvind Virmani. 2. Trade liberalization, labor-market institutions, and poverty reduction: evidence from Indian states/Rana Hasan, Devashish Mitra and Beyza P. Ural. 3. Teacher compensation: can decentralization to local bodies take India from the perfect storm through troubled waters to clear sailing?/Lant Pritchett and Rinku Murgai. 4. Does economic growth reduce fertility? Rural India 1971-99/Andrew D. Foster and Mark R. Rosenzweig. 5. Managing the environmental consequences of growth: forest degradation in the Indian mid-Himalayas/Jean-Marie Baland, Pranab Bardhan, Sanghamitra Das, Dilip Mookherjee and Rinki Sarkar.