Contribution/Originality: This study contributes in the existing literature on critical raw materials. It uses logical methodology-system dynamics (CLD)-to understand social and economic drivers for phosphore and Indium. This methodology could be helpful for the economists who work on Economy of natural resources or Economy of Environment. 1. INTRODUCTION Raw materials are crucial to the world economy and essential to maintaining our welfare. They underpin industry and support the modern technology we use daily, such as smartphones, computers, and the harvest of the green economy. Securing reliable and unhindered access to certain raw materials is a growing concern for both developed and developing countries. To address this challenge, many countries and international institutions have created a list of Critical Raw Materials (CRMs) or commissioned a predictive analysis of future metal demand to support the transition to a low carbon future (IEA, 2015; World Bank, 2016). Historically, the concept of critical raw materials has mainly been developed by government agencies and has been triggered by concerns over supply shortages or market price spikes in crisis years. For example, at the end of

Following the failures of liberalism during the 1929 crisis and the rise of authoritarian planning, Maurice Allaissought to trace an alternative pathway-competitive planning-for the French economy, Europe and developing countries. Competitive planning had to combine the fundamental advantages of a market economy withthose of conscious action by the State, following a Plan for the realization of an economy that was both more efficient and more equitable. Maurice Allais considers that the use of competitive market economy does notimply that the State should remain inactive. On the contrary, considerable tasks must be accomplished by the State and it alone has the legitimacy to do so. The system of laws, the monetary plan, developing theinfrastructure, social legislation, the training of managers, and the education system are crucial when it comes to building a fairer society.