STOCKHOLM - In a year with no clear favourites, Japanese novelist Haruki Murakami appears to be the front-runner to win the Nobel Prize for Literature this week.
Murakami, known across the globe for works such as "Norwegian Wood" and "1Q84", heads the list at bookmaker Ladbrokes with 5/2 odds. Also near the top of the Ladbrokes list is Canadian Alice Munro with odds of 4/1, and American Joyce Carol Oates with 8/1 odds.
Murakami has impressed the critics and won a mass readership with his intricately crafted tales of the absurdity and loneliness of modern life. His works, which are peppered with references to pop culture, have been translated to around 40 languages. Munro is a writer of short stories, a genre that has only rarely been recognised by the Nobel committee, while Oates can look back at a prolific career spanning five decades during which she has produced more than 40 novels as well as plays and poems.
Overall, however, there is little consensus about who will win the prize, worth eight million Swedish kronor (S$1.56 million). Observers also point to Belarussian writer Svetlana Alexievich and Algerian Assia Djebar as possible laureates.
The winner's identity will be revealed at 11 GMT Thursday, when the Swedish Academy, picking as its venue the historic Bourse building in downtown Stockholm, will announce the winner of the world's top prize for literary excellence.
A total of 195 authors have been nominated, including 48 first timers, and that is pretty much all that is known beforehand. The deliberations of the Swedish Academy are secret and will remain closed to the public for the next 50 years, but outsiders still have some inkling of the factors that guide them - and literary fame is not among the top concerns.
"For the past 15 years, the Academy has... explored questions of literary quality, the evolution of literature, and its place in a historical context. It's fascinating work," said Gunilla Kindstrand, editor-in-chief at Swedish newspaper Haelsingetidningar.
"For them, it's less important if the laureate is well-known or not."
Or, as prominent Swedish publisher and journalist Svante Weyler put it: "The Academy takes a certain pleasure in surprising people, and acts in a slightly irrational manner."
"After last year's prize to Chinese writer Mo Yan, whose close ties to authorities in Beijing made him controversial, the Academy has two choices this year," he said. Either it can pick a writer who is completely apolitical, or it can choose one who is politically engaged, but not in a way that upsets the West.