As of April, 2009:
Usain Bolt holds the men's world record in the 200 meter dash with a time of 19.30 seconds set at the 2008 Summer Olympics in Beijing, China.
Florence Griffith-Joyner holds the women's world record in the 200 meter dash with a time of 21.34 seconds set at the 1988 Summer Olympics in Seoul.
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For Men the record is 43.49 seconds (9.1975 Meters per second.) This record is held by Micheal Johnson and was set in the 1996 Olympics. For Women the record is 48.25 seconds (8.2091 Meters per second.) This record is held by Marie-Jose Perec and was set in the 1988 Olympics. Hope this helps.
Click on the 'Progression of Men's 400 Meter World Record' link on this page to see who has held the men's world record through time in the 400 meter run.
The current men's world record is held by Michael Johnson, with a time of 43.18 seconds
The current women's world record is held by Marita Koch, with a time of 47.60 seconds