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A bstract Any two dimensional quantum field theory that can be consistently defined on a torus is invariant under modular transformations. In this paper we study families of quantum field theories labeled by a dimensionful parameter t , that have the additional property that the energy of a state at finite t is a function only of t and of the energy and momentum of the corresponding state at t = 0, where the theory becomes conformal. We show that under this requirement, the partition sum of the theory at t = 0 uniquely determines the partition sum (and thus the spectrum) of the perturbed theory, to all orders in t , to be that of a TT̄ T T ¯ deformed CFT. Non-perturbatively, we find that for one sign of t (for which the energies are real) the partition sum is uniquely determined, while for the other sign we find non-perturbative ambiguities. We characterize these ambiguities and comment on their possible relations to holography.
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