The Swedish Academy will crown two Nobel literature laureates on Thursday, after postponing last year's prize over a sexual harassment scandal.
Experts say the academy will seek to avoid ruffling any feathers with this year's choices as it bids to move on from the scandal that saw the husband of one of its members jailed for rape.
Ahead of the announcement at 1:00 pm (1100 GMT), when it will reveal one winner for 2018 and one for 2019, some names creating a buzz are poet Anne Carson and novelist Margaret Atwood, both of Canada, as well as Kenyan writer Ngugi Wa Thiong'o, Polish writer and activist Olga Tokarczuk, and French Guadeloupean Maryse Conde, according to betting site Unibet.
Stockholm's literary circles have also speculated about Romanian poet and novelist Mircea Cartarescu, Polish writer Hanna Krall, Antiguan-American author Jamaica Kincaid, South Korean writer Han Kang and Joyce Carol Oates of the United States.
Dating back to 1786, the Swedish Academy is at pains to repair its reputation after the scandal exposed scheming, conflicts of interest, harassment and a culture of silence among its 18 members, long esteemed as the country's guardians of culture.
The revelations shook Sweden, a Lutheran nation that prides itself on transparency and consensual democracy and is intolerant of inequality.
Left in tatters by the debacle, the Academy, tasked with selecting the Nobel Literature laureate, postponed the 2018 prize until this year -- the first delay in 70 years.
Now revamped with new members and statutes, it is widely expected to pick writers who will not spark further controversy, and at least one is almost certain to be a woman, literary critics interviewed by AFP predicted.
Only 14 of the 114 literature laureates since 1901 have been women.
The Academy does not release a shortlist. While possible winners are always anyone's guess, the speculation is even more rampant this year given the many changes within the institution.
Among many other names cited as possible winners are Chinese fiction writer Can Xue, Japanese author Haruki Murakami and Russian novelist Lyudmila Ulitskaya.
The Academy's woes began in November 2017 when it disagreed about how to manage its close ties to Frenchman Jean-Claude Arnault, accused and later convicted of rape.
Arnault is married to Katarina Frostenson, a member of the Academy who later resigned over the scandal at the height of the #MeToo movement against harassment of women.
The pair also ran a cultural club in Stockholm that received funding from the body. Ultimately, seven members quit the Academy, including then permanent secretary Sara Danius.
"From having been associated with the literature of the highest order, the Nobel Prize is for many now associated with #MeToo... and a dysfunctional organisation," Swedish literary critic Madelaine Levy told AFP.
The empty seats have since been filled, and literature professor Mats Malm took over as permanent secretary in June.
"The changes have been very productive and we are hopeful for the future," Malm told AFP in an interview just days before the prize announcement.
He acknowledged the affair had tainted the institution and said improvements were still needed.
"A lot of hard work remains, of that we are certain." Retired publisher Svante Weyler said he thought the Academy's -- and prize's -- reputation could be repaired, "but only through wise choices of laureates." Giving the nod to US singer-songwriter Bob Dylan in 2016 also led some to question the Academy's judgement.
Weyler expected the Academy would try hard to steer clear of controversy and probably go for one author highly regarded in literary circles and one with broader appeal -- but "absolutely no one that can cause a controversial political discussion," he said.
The Academy used to be the sole arbiter of who gets the Nobel Literature Prize. But following demands of external oversight from the Nobel Foundation which manages the prize money, the selection committee has been altered to include five members from outside the body.
Given the stain on the Academy's reputation, Levy raised the possibility "that those given the award won't accept it" -- as French philosopher Jean-Paul Sartre did in 1964. This year's laureates -- especially if either is male -- can expect their work and personal life to come under great scrutiny, in particular for expressions of misogyny, Levy added.