The Hans Fallada Prize is a German literary prize given by the city of Neumünster in the German state of Schleswig-Holstein. Since 1981 it typically awarded every two years to a young author from the German-speaking world. It is named in honor of Hans Fallada, a famous 20th-century German author known for addressing political and social problems of his day in fiction.The prize was first awarded in 1981, the fiftieth anniversary of the publication of Fallada's A Small Circus (Bauern, Bonzen und Bomben).The prize comes with an honorarium of 10,000 euros. In the case that two authors win the award, the prize money is halved. Source: Wikipedia (en)