SCENARIOS-Policy directions after Argentina's election

Since the new Congress will not be seated until December, the government could brush off calls for change in economic policy and use the following five months to drive its agenda.

Fernandez could use presidential decrees to enact any politically unpopular measures or put pressure on companies or sectors through regulatory agencies to accept government actions.

If the Kirchners' political power is significantly weakened, pressure could come from within the Peronist party for changes in economic policy, particularly on farm exports.

Many Peronist lawmakers from rural areas have sided with farmers' calls for less state intervention in agricultural markets and lower export taxes.

Tensions with the business community will likely grow as Fernandez seeks to show she remains politically powerful by aggressively taking on big business.

In another approach, Fernandez could shake up her Cabinet and seek broader consensus with political and business leaders on some issues of economic policy to help build support for her leadership. (Writing by Kevin Gray; Editing by Fiona Ortiz and John O'Callaghan)