The best part of my thesis is...

my acknowlegement... 
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I would like to begin my acknowledgements with a quotation from William Arthur Ward, author of “Fountains of Faith” and one of the most famous American writers: “The mediocre teacher tells. The good teacher explains. The superior teacher demonstrates. The great teacher inspires”.
The first words, I would like to express my deepest gratitude to my academic advisor, Professor Masako Ii. Her inspiration both in my academic and personal life during the two years in Japan gave me strength and vigor in the pursuit of my dreams. She motivated and helped me stay concentrated and steadfast in the process of accomplishing this research. Her concise saying “No matter how complicated you think your research is, try to explain it in everyday language” urged me to read carefully and think deeply which helped me better understand each reference paper I read. She also made countless valuable, instructive suggestions and comments that have improved the content and form of this paper.
I would like to express my appreciativeness to all the faculty members in the Asian Public Policy Program (APPP): Prof. Yasuhiro Maehara, Prof. Masahiko Takeda, Prof. Shigeki Kunieda and Prof Akira Ariyoshi as well as all other professors in APPP. Their thorough explanations and clear demonstrations have given me a good understanding of basic economic concepts and theories as well as complicated models that enable me to become a good policy maker. They set a good example of world-class scholars and researchers for all batches of students in APPP by their professional and respectable characteristics. 
I am also thankful to Prof. Stephen Kentwell for his careful and thorough proof-reading of this paper along with his precious comments and suggestions. Before I came to Japan, I thought my English was excellent and I still remembered the first day in his class when he asked what my weakness is, to which I answered “I cannot find any”. However, his insightful, comprehensive lectures and whole-hearted instructions let me know I am only “good enough” and that was also a lesson of humble attitude that he taught me.
I feel indebted to Ms. Yuri Okamoto, the program manager of APPP, who always gave the best assistance and most favorable conditions for my study. Throughout the whole course, Ms. Okamoto always supported, encouraged me and sometimes even made me felt special by her birthday gifts, wishes and e-cards full of inspirational quotes which made me believe I could achieve the impossible. My thanks are also conveyed to the staff of the APPP program office for helping me obtaining CEIC data for this paper.
Regarding data for this paper, I am grateful to Mr Nguyen Hoang Ha, Mr Bui Huy Hoang, Mr Dang Huyen Linh, Mr Giang Thanh Long, and Ms Le Thi Thanh Thuy as their continuous provision of Vietnam’s economic fundamental data series made me feel secure and confident in following this particular topic. 
Among my friends, first of all, I would like to express my appreciation to my group members in the “Empirical Analytics of Macroeconomics Policy” course: Akmal, Bien, Mau, and Sulaiman. Through one month working closely together as a team preparing for a presentation assignment, I found “current account analysis” relevant to the contemporary context of Vietnam and decided to continue that homework as the topic of my thesis. Their day-to-day clarifications enabled me to grasp basic identities of current account and econometrics tests which were absolutely essential for this study.
To my friends in Odaiba: Bien and Sulaiman (yes, you again, you are really my close friends), I would like to say “thank you very much” (to Bien: “maraming salamat sa iyo”, to Sulaiman: “Большое спасибо”) for everything we have done together: going to school everyday, group-studying to “survive” exams, playing badminton, bowling, traveling and all other things that made me feel happy and experience a real life beside learning in Japan. What you did to me had changed me a lot. I would like to thank my senpais: David, Jed, and Rhea for their assistance that made my learning path easier with less burden. I also would like to thank my kohais: Hai Anh, Ish, and Trang for their delights and smiles brightening my days in Odaiba.
I would like to thank my Vietnamese friends: Huong, Tam, and Tu with whom I spent two years studying together right from the first days I set foot on the soil of Japan until the last day I leave this beautiful country. They relieved my nostalgia and especially Huong who gave me practical advice whenever I felt I was losing direction.
I would like to thank my seminar mates Elan, Lin, Thuy, Aziz, Eric, Feri, Coco, Gabe, Ridhwan for their true interest in and “helpful doubt” regarding my thesis, which were a constant source of hints for me during the research process.
I am grateful to the Japan International Cooperation Center (JICE) and Vietnam’s Ministry of Planning and Investment and Agency for Enterprise Development which gave me this opportunity and financial sponsorship to pursue my knowledge horizon in Japan.
Finally, I am grateful to my parents whose boundless love and understanding and always being proud of me gave me perseverance to accomplish the study. 
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