In managing the capital account through control framework, there could be a prioritisation of capital flows - in terms of their desirability or otherwise. Thus, for example, a higher preference could be to Foreign Direct investment and long-term debt compared to portfolio flows and short-term debt.
It must be recognised that the efficacy of control depends, among many other things, on the category of flows or participant. For example, it is less complex to control the inflows from non-residents, since non-residents are keen to have a legal title to their asset.