For the last forty years the Booker prize (currently the Man Booker Prize) has been awarding a purse to whatever novel its judging panel deems to be the best book of the year by a Commonwealth or Irish novelist.
Over the last sixteen years, though, the Man Group's sponsoring of literature worldwide has grown so that we now have the following prizes:
I'd like to think that, in time, the books can all be promoted together so that we can see what's currently deemed to be the best offerings from around the world. If anything, an umbrella award (like the Commonwealth Writers' Prize) could generate interest in other titles, especially translated ones. At the same time, if the books winning the prizes are translated, they will likely go to the bigger publishers and be promoted to the point that everything else falls under the radar.
Over the last sixteen years, though, the Man Group's sponsoring of literature worldwide has grown so that we now have the following prizes:
- Booker-Open Russia Literary Prize (est. 1992)
- Caine Prize for African Writing (est. 2000)
- Man Booker International Prize (est. 2005)
- Man Asian Literary Prize (est. 2007)
- International Prize for Arabic Fiction (est. 2007)
I'd like to think that, in time, the books can all be promoted together so that we can see what's currently deemed to be the best offerings from around the world. If anything, an umbrella award (like the Commonwealth Writers' Prize) could generate interest in other titles, especially translated ones. At the same time, if the books winning the prizes are translated, they will likely go to the bigger publishers and be promoted to the point that everything else falls under the radar.