> It might increase income inequality in your country, but does it do so globally?

Yes, neoliberal globalism increases inequality in the distribution of wealth between individuals within developed states, and those in developing states, and globally. It also increases aggregate inequality between countries, particularly between (on the high side) countries whose comparative advantage lies in finished goods and services and those whose comparative advantage lies in extractive industries (other than those subject to effective cartel control, but that tends not to be long-term stable.)

OTOH, it tends to reduce extreme absolute poverty.